The vote in the U.S. House of Representatives directly ignites a $10 trillion nuclear bomb! 90% of people will die during the "registration" transition period
The 'coming of age' that the crypto circle has been waiting for three years is finally here! This vote in the U.S. House of Representatives directly ignites a $10 trillion market fuse!"
Today, as soon as the news came out that the House Rules Committee approved the crypto bill for full chamber review, the crypto world exploded! Some shouted "bull market starts," while others panicked about "regulatory blades falling," but veteran players understand this is both a passport to compliance and a dragon-slaying knife for reshuffling.
Core of the bill: The U.S. wants to "register" crypto assets, but the cost may be unimaginable
There are two main points in this review of the bill:
Clarification of crypto asset classification: Bitcoin and Ethereum may be defined as "digital commodities," while stablecoins and altcoins need to be regulated as "securities." Taxation and compliance upgrades: Exchanges must report user data, and airdrop or mining income exceeding $600 must be reported for tax.
Historical case reference: In 2021, the U.S. infrastructure bill mandated crypto exchanges to report trading data, causing the market to crash 12% that day, but three months later, compliance exchanges saw a 200% surge in traffic. Regulation has never been the end, but the starting point for institutional entry.
My viewpoint: Short-term bearish, long-term bullish! But 90% of people will lose during the "transition period"
On the surface, the bill requires exchanges to share user data and tax airdrops, seemingly putting a tight leash on the market. But let me cool things down: the stricter the regulations in the U.S., the more it indicates that crypto assets have threatened the dominance of the dollar!
Finally, let me ask: Do you want to be eliminated by regulation, or do you want to profit from regulation?
Still the same saying: The market never lacks opportunities; what it lacks is the eyes to see through the tricks. Follow me for support from a top-tier team, only serving ambitious madmen.