The 'Market Structure Discussion Draft' proposed by the US House of Representatives today has sparked heated discussions in the industry. The provisions regarding the regulatory framework for cryptocurrency trading platforms in the draft are particularly noteworthy—requiring platforms to enhance asset reserve transparency, establish investor risk education mechanisms, and planning to bring DeFi protocols under SEC regulation. If the draft is passed, it could promote the industry's compliance process, but it may also stifle innovation among small and medium-sized exchanges. Practitioners are advised to pay attention to the new rules in Chapter 4, Article 12 regarding 'cross-chain transaction reporting,' which may impose higher KYC requirements on cross-chain bridge project parties. Currently, the draft is still in the consultation phase; do you think this level of regulation balances innovation and risk?