Crypto giants clash with political forces! Zhao Changpeng meets with Trump-related project, SEC regulation falls into a trust crisis, crypto giants meet with political forces, and SEC independence draws attention!

Recently, the cryptocurrency field welcomed a significant piece of news. The Trump family's crypto project World Liberty Financial (WLFI) announced on the X platform that its founders Zach Witkoff, Zak Folkman, and WatcherChase successfully met with Binance founder Zhao Changpeng in Abu Dhabi. The two parties discussed key issues such as promoting the globalization of cryptocurrency and setting new industry standards, aiming to create broader development space for the cryptocurrency industry.

Zhao Changpeng himself also confirmed in a post that he met with Zach Witkoff and Bilal Bin Saqib that day and made predictions about potential negative reports, stating that he would continue to focus on construction without being disturbed by external factors.

This meeting comes at a time when the Trump family's crypto business is taking frequent actions, and a series of developments have raised market scrutiny of the independence of the U.S. Securities and Exchange Commission (SEC). Trump's son Eric Trump plans to attend the Token2049 conference with Sun Yuchen and World Liberty Financial co-founder Zack Witkoff, and Trump's TRUMP dinner plan is also in progress. This series of events puts the SEC under tremendous pressure; if it grants special treatment to digital asset projects closely tied to political connections, it will inevitably raise doubts about its fairness, posing a severe challenge for the new chairman Paul Atkins.

Currently, there is indeed an intention within the SEC to promote cryptocurrency reform, but external doubts about its political bias have created many obstacles to its actions. In the future, if Atkins can find a balance between promoting regulatory modernization and ensuring fair enforcement, the SEC is expected to regain its global leadership in the digital asset regulatory field; conversely, if it becomes mired in partisan disputes, even well-intentioned reform measures may stagnate.

The crypto industry currently holds a cautiously optimistic attitude, looking forward to an improved regulatory environment while remaining highly vigilant about potential conflicts of interest. After all, as long as the shadow of conflicts of interest remains, the reform achievements of the SEC in the cryptocurrency field may be overshadowed, and the healthy development of the industry will continue to face uncertainty.