I watched the entire speech of SEC Chairman Project Crypto, and I have only one thought: the U.S. is really serious this time.

In the past few years, whether you are working on coins, chains, DeFi, or NFTs, you can sense a reality: U.S. regulation is the sword of Damocles hanging over every project. If the SEC says this thing is a security, you either spend millions on a lawsuit or move to Singapore or the Cayman Islands.

But now, based on this speech, the wind has truly changed.

There are several particularly interesting points in this speech worth discussing:

✅ Bring crypto enterprises back to the U.S. This statement really hits home. How many projects have run overseas to avoid the spotlight, while teams in the U.S. dare not touch U.S. users, directly excluding Americans from KYC? This is not normal. At the end of the day, the U.S. is the core of the capital market. If it opens its arms, who wouldn't want to work here? This is a huge encouragement for the entire industry.

✅ Adapt regulatory rules to blockchain. This is also crucial. The past problem was that you took rules designed for the stock market decades ago and rigidly applied them to chain projects, which of course was inappropriate. Now they finally realize that the crypto world is not a securities market 2.0, but a completely new market logic; you need to tailor a set of rules for it.

✅ Support super applications and on-chain software systems. This means you can manage buying coins, trading, lending, and staking all within one app, without needing to obtain a bunch of licenses and go through countless approval processes for each service. If this can be implemented, it would be a tremendous boost for innovation. Otherwise, many entrepreneurs are currently overwhelmed by various compliance issues.

✅ Free up developers. He explicitly stated: writing code does not equal issuing coins and pumping them. This is a safeguard for true technical developers. If you want to create an on-chain application, a protocol, just publish the code, operate no platform, and do not engage in token issuance, then you should not be treated as an intermediary. This logic may have come a few years late, but it is articulated quite clearly.

Of course, we should also look at this calmly; this is just a vision, not yet realized, and the specific details have yet to emerge, so it remains to be seen. $BTC $ETH #以太坊十周年 #以太坊十周年 #币安HODLer空投TREE