CEO of Crypto Council for Innovation: ‘SEC initiated more than 125 enforcement actions’ but issued ‘no clear guidance or rulemakings’

Ji Hun Kim, President and Acting CEO of the Crypto Council for Innovation (CCI), said that the U.S. Securities and Exchange Commission (SEC) has initiated more than 125 enforcement actions against digital asset firms without providing clear regulatory guidance or rulemaking. This statement was made in a written testimony submitted on February 11 to the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.