The draft "Market Structure Discussion Paper" proposed by the U.S. House of Representatives today has sparked heated discussions in the industry. The provisions in the draft regarding the regulatory framework for cryptocurrency trading platforms are particularly noteworthy—requiring platforms to improve 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 stage; do you think this regulatory strength balances innovation and risk?