#加密货币监管发展 Reviewing the regulatory history of Crypto Assets over the past few decades, one can't help but feel a mix of emotions. From the initial indifference surrounding Bitcoin's birth to the various governments rolling out regulatory policies, this industry has undergone earth-shaking changes. Today, the U.S. Senate will question the cryptocurrency stance of the CFTC chair nominee, which is undoubtedly another milestone in the development of regulation.

Michael Selig, nominated by Trump, serves as the Chief Legal Advisor for the SEC's Crypto Assets Special Task Force, and his views will have a profound impact on the future regulatory direction. Historically, every significant personnel appointment is often accompanied by policy adjustments. Whether tightening or loosening will directly affect the market landscape.

It is worth noting that this inquiry involves not only Crypto Assets but also sensitive topics such as election betting. This reminds me of the ICO frenzy in 2017, when various bizarre token projects emerged one after another, ultimately leading to strict regulation. Today, we may be at the beginning of a new regulatory cycle.

As an industry veteran, I advise everyone to closely monitor the results of this inquiry. Regardless of the final outcome, it will provide important references for us to assess future trends. After all, history is always remarkably similar, yet quietly changes in the details.