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Is the regulation suddenly no longer pounding the table? The Crypto Structure Bill finally starts to "speak human language"
In the past, whenever "crypto regulation" was mentioned, the market's first reaction was usually: it's over, we're about to get hammered. But this time, the crypto market structure bill has seen a turning point. The biggest change isn't in the provisions themselves, but in the attitude shift.
From "hit first and ask questions later" to "first clarify who is who."
The core significance of the structure bill is: an attempt to break down the crypto market into different modules—payment, securities, commodities, infrastructure—rather than treating it as a whole. This is like a long-awaited rain after a drought for the entire industry. Because what the market fears most isn't regulation itself, but ambiguous regulation.
When rules start discussing "what exactly do you count as," rather than "you definitely have problems," the market's expectations will change. Institutional funds are not unwilling to enter; they just dare not do so under unclear rules. Now that the bill shows signs of loosening, essentially, it is signaling to the market: in the future, we won't have to rely solely on guessing regulators' attitudes to get by.
This is not about the realization of good news, but about the discount rate for risks beginning to decline. For the crypto market, this is more important than short-term price increases. $BTC #加密市场结构法案出现转机