#美国加密周 Through this matter, my friends and I concluded the following points:
1. Regulatory framework is becoming clearer: The "Clarity Act" delineates the regulatory authority over digital assets, granting the CFTC most of the jurisdiction while retaining some responsibilities for the SEC; the "Genius Act" establishes rules for USD-backed stablecoins, clarifying issuance and operational standards; the "Anti-CBDC Monitoring State Act" permanently prevents the creation of central bank digital currencies, safeguarding financial privacy. These three acts construct a regulatory system for cryptocurrencies.
2. Significant impact on industry development: With clear regulations, industry uncertainty is reduced, which is beneficial for attracting institutional and individual investors. Previously hesitant funds are expected to flow in, expanding the cryptocurrency market size, promoting the development of related enterprises, and accelerating industry innovation.
3. Controversy over the status of the dollar: The U.S. Treasury Secretary believes that stablecoin legislation can boost demand for U.S. Treasuries and solidify dollar hegemony, but there are also dissenting voices. The actual impact of stablecoins on the dollar's status in the global financial system will require time to verify.
4. Political maneuvering continues: The Republican Party promotes the compliance of the crypto industry and supports relevant legislation; the Democratic Party has opposing views, questioning whether the bills may weaken regulation and lead to conflicts of interest. Future policy-making related to cryptocurrencies will still be accompanied by political maneuvering.
