The past week has been highly significant for the cryptocurrency industry. SEC Chairman Paul Atkins expressed on social media that the most urgent issue now is to clarify the boundaries of responsibilities between the SEC and the U.S. Commodity Futures Trading Commission—these two major regulatory agencies have long had ambiguous authority divisions, leading to the crypto asset market being in a regulatory gray area for an extended period.

Atkins is optimistic about the future. He stated that he hopes President Trump will sign a bipartisan market structure bill in the coming months. This bill could not only create a clearer development space for the crypto industry but also protect investors' legitimate rights through well-designed institutional frameworks. In other words, by streamlining the regulatory framework, market innovation and investor protection are expected to foster a positive interaction.