反感患得患失

#美国稳定币法案 The Emergence of the U.S. Stablecoin Law

- Background: With the rapid development of the cryptocurrency market, stablecoins, as a special type of cryptocurrency, have seen increasing applications in cross-border payments, financial transactions, etc., due to their relatively stable prices. However, the lack of regulation for stablecoins has also brought about many risks, such as market manipulation, money laundering, and insufficient consumer protection.
The Significance of the U.S. Stablecoin Law for Cryptocurrency
Regulating Market Order: Clearly defining stablecoins, issuance qualifications, reserve requirements, regulatory agencies, etc., allows for compliant issuance and trading of stablecoins, reducing regulatory uncertainty and chaos, lowering risks of market manipulation, fraud, and misappropriation of funds, enhancing the confidence of market participants, attracting more investors into the cryptocurrency market, and promoting healthy market development.
Protecting Investor Rights: Requiring issuers to comply with anti-money laundering regulations, publicly disclose information about reserve composition and redemption policies, strengthening investor protection, reducing information asymmetry, enabling investors to more accurately assess investment risks, and make reasonable investment decisions.
Promoting Technological Innovation: Providing a clear legal framework for the stablecoin industry, allowing issuers to focus more on technology research and product innovation under compliance, developing more efficient payment systems, expanding application scenarios, etc., promoting the application and development of cryptocurrency technology in areas such as cross-border payments, supply chain finance, and decentralized finance, enhancing the technological level and innovation capability of the entire cryptocurrency industry.
Promoting Industry Consolidation: Stricter regulations will eliminate weaker, non-compliant stablecoin projects, allowing compliant and stronger projects to emerge, which helps optimize market resource allocation, increase industry concentration, create a more competitive market landscape, and drive the cryptocurrency industry towards professionalization and standardization.
Enhancing Industry Legitimacy: The introduction of the stablecoin law is a significant advancement in cryptocurrency regulation, indicating that the U.S. government has recognized the legitimacy of cryptocurrency to some extent, providing policy-level support for the development of the cryptocurrency industry, helping to change the public's negative perception of cryptocurrency, and enhancing the industry's social recognition.

Same, my living expenses, it's a huge loss

Numbed

But it can be done, I guess it will have to start exploding tomorrow morning.

Damn, I've lost over 200 playing this.

So miserable