#美联储取消创新活动监管计划 Impact:

1. Lower compliance costs and entry barriers for banks in cryptocurrency business, promoting bank funds to enter the market rapidly.

2. Competition for stablecoin issuance rights becomes more intense (e.g., Citibank accelerates layout for US dollar stablecoins).

3. Channels for institutional funds to enter are broadened, creating structural opportunities.

4. Institutional preferences affect the cryptocurrency market, leading to a more pronounced siphoning effect on top assets, causing droughts for some and floods for others.

5. Pricing power shifts, with Wall Street capital set to dominate the future cryptocurrency market. $BTC