According to online reports, Fox Business Channel reporter Eleanor Terrett issued an article saying that the log of this week's meeting of the U.S. Securities and Exchange Commission (SEC) Cryptography Working Group was updated, and for the first time,"critics" of encryption participated. According to the memorandum, Benjamin Schiffrin, director of securities policy at the non-profit organization Better Markets, attended the meeting. The meeting discussed ways to deal with issues related to the regulation of crypto assets and the need to prevent fraud in the crypto field. It is worth noting that this is the first time the SEC's Crypto Working Group has met with "critics" of crypto. Better Markets has always been critical of cryptocurrencies, believing that they have high risks and regulatory loopholes. The meeting did not disclose specific discussions, but the memorandum showed that the SEC is actively exploring a regulatory framework for cryptoassets and emphasizing the importance of combating fraud.