The Stablecoin Bill and the SEC's New Cryptocurrency Regulations have a significant impact:

👍 Bringing in new users:

The government's recognition of the legitimacy of cryptocurrencies reduces market uncertainty. The endorsement and entry of compliant institutions can accelerate the influx of new users and enhance the acceptance of crypto assets by ordinary people and even institutional investors.

👍 Easier deposits and withdrawals:

Stablecoins, as digital alternatives to fiat currency, benefit from clearer regulations, which make their issuance and use more standardized. Banks and payment institutions may be more willing to collaborate with compliant stablecoins, thereby simplifying the exchange process between cryptocurrencies and fiat, reducing transaction costs, and improving user experience.

👍 Increasing the likelihood of mainstream funds purchasing crypto assets:

Clear regulations reduce compliance risks, making institutional investors (such as pension funds and hedge funds) more likely to view crypto assets as a viable investment asset class.