US SEC Commissioner Says Indo-Pacific Countries Are Outpacing the US in Crypto Regulation
ChainCatcher News, SEC Commissioner Mark T. Uyeda urged the United States to take a more proactive approach to cryptocurrency regulation, pointing out the leading position of Indo-Pacific countries such as Japan, Singapore, and Hong Kong in this field. He emphasized that these countries have established clear frameworks that support innovation while protecting investors, in contrast to the United States, where the lack of clear guidelines creates uncertainty for market participants.Mark T. Uyeda praised the regulatory progress in the Indo-Pacific region, stating, "I believe we can learn a lot from the practices of market regulators in the Indo-Pacific region, especially in how to advance these values and goals." He noted that Indo-Pacific countries have developed forward-looking regulations that balance the need for innovation with investor protection.It is reported that the Indo-Pacific region encompasses the Indo-Pacific waters, typically including countries and political entities near these waters, and is broader in scope than the Asia-Pacific region.