#Quick News# Golden Finance reported that Joe Lubin, founder of Consensys, pointed out at the Ethereum community meeting that US regulators have failed to perform their duties, and some senators and bank lobbying groups have opportunistically intervened and guided the SEC's encryption policy. Lubin and other participants have long operated under the cloud of regulatory uncertainty. However, Lubin also said that he sees that regulators are making substantial progress, thanks in part to the upcoming US election, where lawmakers are looking for new ways to win votes and raise money for the campaign.