#加密货币监管进展# Reviewing the development of Crypto Assets, it is not difficult to find that regulatory policies have always been a key factor. Recently, the report from CCTV on Trump's Crypto-friendly policies reminded me of the crazy ICO period in 2017. At that time, the attitudes of various governments were mixed, some supported while others suppressed, leading to fluctuations in the market. It seems that stricter regulations are a trend, but there is still room for friendly policies.

The Genius Bill and other measures introduced by Trump have indeed injected a shot of adrenaline into the Crypto Assets industry. But as reports point out, price volatility and security risks remain unavoidable topics. This reminds me of the scenes during the bear market of 2018, when many projects collapsed spectacularly. History always seems remarkably similar.

It is worth noting that stablecoins are seen as a new form of dollar hegemony. This reminds me of the uproar caused by the Libra project in 2019. Now, countries are competing to develop central bank digital currencies, and the international financial landscape is quietly changing. In the long run, finding a balance between the principles of decentralization and regulatory demands will be a lasting challenge for the industry.

Having experienced multiple rounds of bull and bear markets, I deeply understand the importance of policy direction on the market. However, the value of the project itself is even more important. No matter how the external environment changes, projects with real strength will ultimately stand firm. For investors, maintaining rationality and managing risks effectively is always the winning formula.