Hey folks, the United States has really been busy with this big game of cryptocurrency regulation recently! The whole circle now feels like athletes squatting at the starting line, just waiting for the gun to go off.

If you ask me, this wave of legislation comes just in time. With Bitcoin ETFs being approved and on-chain TVL rising steadily, those guys in suits on Wall Street are starting to rush in. But on the other hand? Some low-quality projects are still scamming investors, and dodgy stablecoins are laundering money in the hundreds of millions. If we don’t set some rules soon, our hard-earned money might really get uprooted.

Now those gentlemen in Washington are quite swift in their actions; both chambers of Congress have unusually united on this front. Senator Bill Hagerty just introduced a stablecoin bill, which clearly aims to register stable assets like USDT and USDC. Congressman French Hill from the House is even more direct: "Our version is not much different from the Senate's, and it's rare for both parties to reach a consensus!" Just think about it—if this bill passes, it’s pretty much a sure thing.

David Sacks, the White House official overseeing AI and crypto, put it more bluntly: "This move is about keeping innovation in the United States and not letting those offshore wildcards muddle the market." Translated into plain language: We Americans are set to take the big slice of the crypto pie!

With this wave of regulation coming down, established exchanges like Coinbase that follow the rules are definitely going to wake up smiling—licensed and compliant, with all banking channels open. They might even get the custodial business into the pockets of those folks in Congress. On the other hand, those unreliable exchanges that crash every few days, and the ones that rely solely on PPT to issue tokens, might have to pack up and flee overnight. For us ordinary holders, while we can't completely escape the fate of being the 'greens' (newbies), at least we don’t have to worry about project teams running away with our money every day. But then again, even with proper regulation, the black swans that we should expect can’t be avoided. Before our buddies dive in, the old saying still stands: DYOR (Do Your Own Research), stay calm, and don’t panic!

Market conditions change every day, and don’t let your mindset get too tight. If you always feel like you’re a step behind or are being disturbed by market noise, feel free to reach out and chat.