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美SEC主席Paul Atkins:将加强成本效益分析,为加密资产市场制定合理监管框架

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2025-05-20 14:04:44

SEC主席Paul Atkins国会证词:2025年数字资产监管重点与投资者影响深度解读



美国证券交易委员会(SEC)主席Paul S. Atkins于2025年5月20日向众议院金融服务与政府总务拨款小组委员会提交重要政策声明,明确SEC未来监管三大核心方向:



1. 监管透明度升级

Atkins强调将建立数字资产专项披露机制,要求项目方明确代币经济模型、团队背景及技术风险,此举将显著降低投资者信息不对称风险。



2. 成本效益监管原则

SEC承诺对每项新规执行量化影响评估,特别关注中小型加密企业的合规成本,避免过度监管扼杀市场创新活力。



3. 动态监管框架

将通过国会联席工作组形式制定适应技术演进的监管规则,重点解决DeFi、稳定币等前沿领域的投资者保护问题。



【对投资者的直接影响】

• 降低踩雷风险:更透明的项目披露要求将帮助识别问题项目

• 合规成本传导:交易所可能将增加的合规费用转嫁至交易手续费

• 创新产品加速:明确监管边界后,合规STO产品可能迎来爆发增长

• 诉讼风险预警:SEC将加大对违规ICO的事后追责力度



(信息来源:SEC.gov官方公告 | 更新时间:2025年5月)

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