#加密行业监管 Seeing the latest statements from regulators on crypto assets, I think this is actually a positive signal. Chairman Wu Qing said, "We won't expand into areas that are unclear or uncontrollable," which seems strict but is essentially a responsible attitude—this means that truly innovative tracks with clear business models and controllable risks have room for development.

Regulation is not about stifling Web3, but about separating speculators from builders. Think about it, a strict regulatory environment can actually protect truly valuable projects. Those that survive solely through hype will be eliminated, but the liquidity revolution of DeFi, the organizational innovation of DAOs, and the digital rights confirmation mechanism of NFTs—these underlying values will not change.

My view is: the long-term healthy development of the industry requires such "proactive regulation." Just like the early internet also experienced strict regulation, which ultimately fostered a more sound ecosystem. For us, we should focus on understanding the essence of products and choosing compliant projects. Genuine gold fears no fire; good innovations will eventually be recognized.