#加密货币监管立法 The regulatory landscape for US Crypto Assets is undergoing a significant transformation. The CFTC appears to be expanding its regulatory scope, not only promoting regulated platforms to engage in Crypto Assets Spot Margin Trading but also potentially gaining more regulatory power. This trend is worth following, as it may lead to a more regulated trading environment and a clearer regulatory framework. From on-chain data, this regulatory change could impact capital flows and trading patterns. It is advisable to closely track the CFTC's subsequent actions and their impact on the market, particularly regarding large transactions and cross-border capital flows. Attention should also be given to the SEC's response, as the balance of power between the two agencies may influence the future direction of regulation.