#美国加密立法 family, recently the noise around cryptocurrency legislation in the United States has been huge! It feels like the entire crypto space is waiting for the other shoe to drop.

First, let's talk about the background of this legislation. The cryptocurrency market is growing larger and larger, and as a financial powerhouse, the U.S. cannot sit idly by. On one hand, the innovative potential of cryptocurrencies is immense, attracting a lot of capital and talent; on the other hand, the lack of regulation has led to issues such as fraud and money laundering. If legislation isn't enacted soon, the wallets of retail investors could be in danger.

Currently, the legislative progress in the U.S. can be described as "walking on multiple legs." Both the House of Representatives and the Senate have formed working groups specifically to study and establish a regulatory framework for digital assets and stablecoins. The Senate is already advancing the regulation of stablecoins, with a bill proposed by Senator Bill Hagerty aimed at creating a regulatory framework. The Chairman of the House Financial Services Committee, French Hill, has also stated that future stablecoin legislation will be similar to the Senate's proposal and has bipartisan support, which means the bill has a good chance of passing.

Additionally, David Sacks, the White House's head of artificial intelligence and cryptocurrency affairs, has stated that regulation is necessary to keep innovation in the crypto space within the U.S. while also preventing risks posed by offshore companies. The meaning is clear: the U.S. wants to firmly grasp the development of cryptocurrencies in its own hands.

From an industry impact perspective, once legislation takes effect, leading cryptocurrency exchanges and compliant projects are sure to thrive. For instance, Coinbase has been actively embracing regulation, and in the future, it may be able to expand more business. However, those non-compliant small exchanges and vaporware projects are likely to face difficulties. For ordinary investors like us, clearer regulations may reduce investment risks to some extent, and we won't have to worry all day about projects running away. However, legislation is not a cure-all; the cryptocurrency market is highly volatile, so everyone still needs to invest cautiously and not follow blindly!