Compliance is the ticket

#美国加密立法
Is the U.S. going to 'regulate' cryptocurrency?
Congress is accelerating the advancement of a brand new cryptocurrency regulation bill, focusing on: stablecoins, DeFi, and exchanges all coming under the regulatory umbrella. Don't misunderstand, it's not about a 'one-size-fits-all' approach, but rather about making regulation 'more Wall Street-like'.

The behind-the-scenes game is fascinating:
Wall Street giants want to reap compliance benefits, Silicon Valley is worried that innovation will be stifled, and the SEC and CFTC are still battling over 'who calls the shots'. Not to mention, it's an election year, and cryptocurrency has become a new card for candidates.

The future trend is likely to be:
1. Stablecoins will establish regulations first (especially those pegged to the dollar)
2. Centralized exchanges will be reshuffled (Coinbase could become a compliance winner)
3. Truly decentralized protocols will either be exempted or banned

This is not the end of regulation, but the starting point of cryptocurrency’s 'coming of age'. Compliance is the ticket, innovation is the ace. Don't be fooled by the current turbulence; the real bull market might need this regulatory storm to ignite it.

#Cryptocurrency #USLegislation