#加密立法新纪元

### A New Era of Cryptocurrency Legislation: The Wave of Compliance is Coming

The global regulatory framework is rapidly taking shape, with the EU's MiCA legislation, U.S. executive orders, and various national policies intensifying, marking a critical turning point for cryptocurrencies as they move from the gray zone into legislative regulation. The core focus is on anti-money laundering, user asset protection, and stablecoin regulation, forcing exchanges and DeFi projects to strengthen KYC and transparency. Although short-term compliance costs may increase, it paves the way for institutional capital to enter in the long run, shifting the industry from speculation to infrastructure competition. The dynamic balance between regulation and innovation will reshape the market landscape—compliance thrives, while those who stray face danger. 🌐

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