The roundtable meeting marks a new stage in the clarification of rules and predictability of compliance in U.S. cryptocurrency regulation. In the short term, the SEC's policy shift may attract more institutional funds into the cryptocurrency market (as giants like BlackRock accelerate their layout of ETFs and staking products) and promote the construction of tokenized financial infrastructure. In the long term, the clarification of the regulatory framework will facilitate global cooperation in crypto governance (such as mutual recognition of MiCA and SEC rules), but issues such as the impasse in stablecoin legislation and unclear compliance paths for DeFi still need to be addressed.