The definition of digital goods under specific conditions not constituting securities has sparked heated discussions. If this regulation is implemented, it is expected to significantly enhance liquidity in the secondary market, as traditional financial institutions may enter the market due to lowered investment thresholds. Additionally, clear regulatory definitions will help market participants clarify compliance boundaries.

However, promoting the development of the secondary market still faces challenges. Market confidence is difficult to rapidly restore due to changes in definitions; previous events such as significant fluctuations in cryptocurrencies and project failures have severely undermined investor trust.