The U.S. House of Representatives plans to pass legislation on July 14 to 'regulate' the cryptocurrency market.

1: Accelerate legislation aimed at regulating the issuance and circulation of stablecoins, reducing risks, etc., to make the stablecoin market more orderly.

2: The SEC's division of regulatory responsibilities for cryptocurrencies. Previously, there were ambiguous areas regarding who should regulate cryptocurrencies and how; with clearer responsibilities, regulation will be more targeted and can also reduce overlapping or gaps in regulation.

Overall, this will reshape the regulatory landscape for cryptocurrencies in the U.S., standardize industry development, and enhance the overall quality of the cryptocurrency market. In the future, those low-quality projects are likely to gradually delist and become fewer.