ADOPTION BY THE SEC COMMITTEE OF PROPOSALS FOR THE REGULATION OF ENCRYPTED ASSETS

THE SEC COMMITTEE ADOPTED A PROPOSAL TO VOTE “ON A CASE-BY-CASE BASIS”, WHICH MEANT THAT THE MEMBERS VOTED INDIVIDUALLY WITHOUT A PUBLIC MEETING. THE COMMITTEE WAS SCHEDULED TO DISCUSS THE REGULATION OF ENCRYPTED ASSETS AT A PUBLIC MEETING LAST FRIDAY, BUT THE MEETING WAS ABRUPTLY CANCELLED DUE TO “UNFORESEEABLE SCHEDULE”。