The head of market development in Lido said the impact of US regulators on data encryption chips could have an unexpected adverse impact on the fragmented financial sector.

Jacob Blish told Bloomberg News in a statement on February 13 that if SEC finally concludes that no Chinese citizens in the United States can interact with password pile services, including agreements, the most important risk is undoubtedly Jacob Blish's expansion in the leading cadre market of one of the largest decentralized autonomous organizations in Lido.

Personally, as a person working in the United States, the biggest risk is if he comes out and says that I can no longer interact with or contribute to this kind of agreement.

Do I, as a knife driver, mean that I don't want to go to work in Lido anymore? Do I have to go and do something else? Blish added.

The governance of Lido is managed by Lido Dao, and team members from all over the country vote on key decisions that specifically guide contracts.

After SEC filed lawsuits and other enforcement actions against password companies, Blish joined a growing number of people in the password field, calling for future regulations and standards to be more transparent, he said:

"the most disappointing thing is that, as an area, clarity is gradually required, but as a Chinese citizen in the United States, I cannot get clarity and progress in the management process."

On Feb. 9, SEC sued Kraken, a password trading center, "unable to record the grant and sale of its password property stock-as-a-service plan", prompting the trading center to stop offering shares to US users.

In the latest practice released by the Securities and Exchange Commission, Coinbase co-founder and CEO Bobby Armstrong defended the investment in a Feb. 9 tweet, saying it would be "an awkward road for the United States." If you want to enforce a chip restriction.

Paul Grewal, Coinbase's chief legal officer, took Armstrong's article on Feb. 10 as a carrier and needed clearer rules in this area.

"the public should not have to analyze the reports in federal court to feel the expectations of regulators," Kalanwo said. "