On April 25, 2025, the Blockchain Association sent a letter to the U.S. Securities and Exchange Commission (#SEC ), calling for a flexible and gradual approach in crypto regulation. This is a positive signal, opening up strong prospects for cryptocurrency development in the long term.
Call from the Blockchain Association
The Blockchain Association emphasizes the importance of the SEC managing digital asset transactions flexibly, in line with the ongoing development of blockchain technology and the market. Instead of imposing rigid regulations, they recommend that the SEC avoid issuing policies that restrict users, facilitating broader access to this technology. This move comes amid the Trump administration's push for a crypto-friendly environment (such as the Fed easing restrictive regulations and the SEC opening a 'sandbox' with El Salvador), creating significant opportunities.
Long-Term Prospects for Cryptocurrency
This call brings many optimistic signals in the next 3-5 years:
Increasing Legitimacy: A flexible approach will help crypto, including Bitcoin (94,800 USD, set to reach 120,000 USD according to #StandardChartered ) and Ethereum (1,800 USD, soon upgrading to Fusaka), to be more widely accepted.
Promoting Innovation: Open regulations will encourage the development of projects like real estate tokenization (expected to reach 4 trillion USD by 2035) and stablecoins (Mastercard partnering with OKX).
Supporting Investors: Flexibility facilitates participation from institutions (Cardone Capital purchasing 350 BTC) and individuals, increasing liquidity and market value.
Conclusion
The Blockchain Association's call to the SEC is an important step towards a flexible legal framework for crypto. In the next 3-5 years, this could promote the sustainable development of the cryptocurrency market, offering significant opportunities for investors and technological innovation.
Risk Warning: Crypto investment carries high risks due to price volatility and legal instability. Please consider carefully before participating.