David Sacks, the head of artificial intelligence and cryptocurrency affairs at the White House, stated that regulation is to ensure that innovation in the cryptocurrency space remains in the United States while preventing risks posed by offshore companies. This is quite clear: the U.S. aims to firmly control the development of cryptocurrency.

From an industry perspective, once legislation is enacted, leading cryptocurrency exchanges and compliant projects will definitely benefit. For example, Coinbase has been actively embracing regulation, and it may expand its business in the future. However, non-compliant small exchanges and scam projects are likely to face difficulties. For ordinary investors like us, with clearer regulations, investment risks can be relatively lowered, and we no longer have to worry all day about projects running away. However, legislation is not a panacea; the cryptocurrency market is highly volatile, so everyone still needs to invest cautiously.