Today, the U.S. Congress made a significant move: it simultaneously passed the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act, which is a historic advancement.

As an old hand in the field, I have three impressions:

Compliance crossing the line becomes a path: stablecoins finally have federal safeguards, and the roles of the SEC and CFTC are clarified, so institutions no longer have the excuse of saying "there are no regulations."

CBDC has been put on pause: even the Fed's digital dollar has been blocked, showing confidence in regulation regarding on-chain freedom.

Traditional political factions are catching up: the driving force behind the policies is not just market voices but also deep political logic.

I believe this is not just hype; it is the rhythm of "legalization + institutionalization." In the short term, compliant entities will benefit; in the medium to long term, the American compliance narrative will become a global reference paradigm in the cryptocurrency space.