In July 2023, the United States Futures Exchange (USFC) announced new sanctions and administrative policies on the cryptocurrency market, which attracted widespread attention from the industry and investors. These important measures have had a profound impact on the global cryptocurrency ecosystem and aroused heated discussions in the market.
Among them, the USFC strictly supervises ICOs (initial coin offerings), requiring all new projects to pass review and comply with a series of regulatory requirements before conducting public offerings. This measure aims to prevent fraud and illegal capital inflows, and protect the interests of investors and market stability.
In addition, the USFC also announced the implementation of stricter regulatory requirements for cryptocurrency trading platforms, requiring all platforms to conduct real-name registration and strengthen anti-money laundering measures. These measures aim to ensure the legality and transparency of the trading platform, curb money laundering and illegal activities, and improve the market's overall risk prevention capabilities.
Cryptocurrency experts and celebrities have expressed their opinions on this series of new measures by the USFC.
Satoshi Nakamoto, the inventor of Bitcoin, said: “Regulation is inevitable for the development of the cryptocurrency market, which helps to build a more robust ecosystem. However, we should also remain open and innovative, let technology be used, and achieve real Decentralization.”
Vitalik Buterin, co-founder of Ethereum, pointed out: "Regulations should target specific issues rather than being one-size-fits-all. We should find a balance that protects the interests of users without curbing innovation and development."
However, some celebrities have expressed concerns about the new sanctions. Bill Mark, a well-known investor, said: "Regulation is necessary, but excessive regulation may hinder market growth. We need to be wary of excessive intervention and let the market develop naturally."
Overall, the new sanctions and administrative policies of the US Futures Exchange have brought new challenges and opportunities to the cryptocurrency market. Reasonable supervision can help ensure the stability and development of the market. At the same time, it is also necessary to fully respect the characteristics of innovation and decentralization so that the cryptocurrency industry can continue to flourish.