Former head of the SEC Internet Enforcement Office: Jay Clayton as the SEC chairman, the encryption market will be stagnant

According to AMBCrypto, John Reed Stark, former head of the US Securities and Exchange Commission (SEC) Internet Enforcement Office, recently issued a message saying that although the SEC has made great strides in understanding the cryptocurrency market mechanism, it has also published a series of thoughtful and forward-looking The regulatory statement, but SEC Chairman Jay Clayton has previously said that crypto assets may pose a huge risk and express their opposition. Stark believes that the chairman's approach to the processing of cryptographic assets is full of dogmatism. He said that as long as Jay Clayton is also the chairman of the SEC, the cryptocurrency market will continue to stagnate and the SEC's aggressive law enforcement style will delay the development process. Note: Jay Clayton's term of office will end on June 5, 2021, but may be extended for another 18 months.