Xiao Lei: The logic of US regulation is not to eliminate the encryption market.

On April 26, financial columnist Xiao Lei issued a report on “Bitfinex was accused of misappropriating Tether funds to make up for the loss of 850 million US dollars”. “Most investors are involved in de-centralized assets transactions, but they are subject to It is a huge centralized credit risk.” Xiao Lei said that he strongly agrees with the practice of the Office of the Attorney General of New York, which is the specific action of the United States to explore and continue to intervene in the field of crypto-equity transactions. Lawyers and industry analysts, including the SEC, who are also recruiting crypto assets, seem to be making various preparations. The logic of supervision is not to eliminate this market, but to prepare the future for the United States to better utilize and develop this market.