10.9 Xiaodao Sharing

[News Interpretation]

The news shows that the Japanese Financial Services Agency excludes non-custodial wallet service providers from the crypto asset trading industry. This move reduces legal uncertainty and is a positive signal for the industry. Community sentiment may improve due to a clear regulatory environment. The current price of ETH is $2461.08. Considering that this good news and a clear regulatory framework may attract more investors to participate, ETH is expected to rise in the short term. It is recommended to be bullish in the short term, and long-term investors should pay attention to further global regulatory developments and market acceptance to assess the potential for continued growth.

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