The #MEME法案 MEME bill aims to strengthen the regulation of the cryptocurrency market, focusing on transaction transparency and tax compliance, with far-reaching effects on the crypto space. In the short term, it may trigger market volatility as investors need to adapt to the new rules; compliance costs for exchanges and DeFi platforms are rising, which could squeeze the survival space for small and medium-sized institutions. In the long run, a clear regulatory framework may attract traditional institutions, enhancing market stability, but it could also suppress innovative vitality. High-risk assets like NFTs and Meme coins may face stricter scrutiny. Industry divisions have intensified: supporters see it as an opportunity for mainstream adoption, while opponents worry about the erosion of decentralization spirit.