In 2026, the crypto market finally shakes off the previous downturn haze. Regulatory policy loosening, traditional big capital entering the scene, and technological ecosystem upgrades—these three forces are working together, officially ushering in a new era of "Compliance + Value" for the industry.

Just look at these signals: the new policies introduced by the US SEC have directly changed the game rules; traditional financial giants like Morgan Stanley are stepping into the arena; Bitcoin has broken through the $100,000 mark; and the RWA (Real-World Asset Tokenization) track is experiencing explosive growth. This is not a coincidence but a deep transformation of the entire industry from "rapid growth" to "regulated development."

The most critical turning point lies in regulation. Previously, the crypto industry faced an ambiguous regulatory environment, but in 2026, this situation was completely broken. The SEC’s newly introduced "Innovation Exemption" policy is a milestone—it changes the entire approach from the past "post-event accountability" to "pre-event regulation."

How is this new policy formulated? Simply put, it divides digital assets into four categories: commodity-type, functional, collectible, and tokenized securities. It completely abandons the previous rigid approach that "all tokens are securities." DeFi protocols, DAO organizations, and stablecoin issuers now have breathing room—they can obtain a registration exemption period of 12 to 24 months, as long as they complete KYC verification and on-chain monitoring to operate compliantly.

This may seem like stricter regulation, but in reality, it opens the door for "coexistence of compliance and innovation." The new standard ERC-3643 is being promoted, embedding identity verification and compliance logic into the technical layer—that is the long-term solution. Asset liquidity and intelligent interaction capabilities have become the core competitiveness of the new era, and a new industry paradigm has already formed.