Recently, the cryptocurrency world has been buzzing about the 'Big and Beautiful Bill' with the code #大而美法案 . In fact, it is like a double-edged sword. On one hand, it can regulate the cryptocurrency market, allowing more traditional investors to dare to enter, bringing more funds and vitality to the industry. Just think, if institutional investors all come in, wouldn't Bitcoin's price reach new highs?
But on the other hand, tighter regulations may stifle innovation. If there are too many regulations, the enthusiasm of entrepreneurs might be dampened, making it difficult for new crypto projects to survive. It's like in the early days of internet development; if regulations had been too strict, we might not have today’s Google and Facebook.
Therefore, the challenge lies in how to embrace regulation while maintaining the vitality of the industry. Ultimately, regulation is meant to protect investors and promote healthy industry development, not to stifle innovation. I hope the final bill can find a balance that allows the cryptocurrency industry to develop in a regulated manner while maintaining innovative vitality.