Recently, the United States has been making frequent moves in the field of cryptocurrency legislation, becoming the focal point of the entire crypto community, with everyone holding their breath waiting for the final policy implementation!

From the perspective of the industry environment, as the cryptocurrency market continues to expand, the United States, as a global financial center, can no longer remain aloof. On one hand, cryptocurrencies attract massive capital inflow due to technological innovation, giving rise to countless emerging projects and entrepreneurial opportunities; on the other hand, the regulatory vacuum has also fostered fraud, money laundering, and other chaos, putting ordinary investors' asset safety at significant risk. This situation of coexisting opportunities and crises has made legislative regulation an urgent need.