#加密货币监管立场 Seeing U.S. officials discussing the Cryptocurrency Market Structure Bill at the White House, my first reaction is: they might really be serious this time.

Based on recent patterns, when regulators start having intensive meetings with leading industry companies, it usually means that a legislative framework has reached a basic consensus, and the next step is to finalize the details. Especially with bank CEOs also involved in discussions about stablecoin issuance and paying interest, it indicates what they are guarding against — preventing the crypto ecosystem from bypassing traditional financial systems.

What does this mean for retail investors? Once the bill is enacted, those gray-area practices will have to be curtailed. The biggest risk source in the crypto space over the years has been projects that, under the guise of innovation, are actually evading regulation. I’ve seen too many people get burned by these kinds of schemes, thinking they’ve caught the bottom.

Instead of constantly guessing whether regulation will come, it’s better to start asking yourself now: if the projects I hold were subjected to strict compliance scrutiny, could they withstand it? If the answer is no, then while there’s still time, we must stay alert. Those who live long never bet on regulators’ goodwill.