NXPC trading logic, buy at low points, sell at high points.

The U.S. House of Representatives passed the "21st Century Financial Innovation and Technology Act" (FIT21), which clarifies the division of responsibilities between the SEC and CFTC: the SEC regulates security tokens, while the CFTC oversees digital commodities like Bitcoin, and innovatively defines the standard for "decentralization" (single entity holding ≤20%). Legislation on stablecoins has faced ups and downs; the Senate's "GENIUS Act" was defeated by a 48:49 vote due to demands from the ** party to prohibit officials from participating in crypto business, but the market expects negotiations to possibly restart before August.

State-level policies show divergence: New Hampshire signed HB 302, allowing the state treasury to allocate up to 5% of public funds (approximately $181 million) to invest in Bitcoin, setting a precedent for local government reserves; states like North Carolina and Texas followed suit, while states like Florida vetoed similar proposals due to risk concerns.

Regulatory agencies are shifting towards rule-making: The SEC chairman announced the end of the "enforcement regulation" model and committed to clarifying exemption terms through rules; the CFTC strengthens its regulatory authority over digital commodities and DeFi through FIT21. Industry responses are polarized: companies like Coinbase support the legislation, and 34 institutions jointly call for clarification of the definition of "money transmitter" to avoid over-regulation.