#加密货币监管政策 Seeing that the CLARITY Act will be debated in the Senate as early as January, honestly, this is a double-edged sword for retail investors.

Clearer regulation is of course a good thing — at least it can force those projects that hide behind innovation to come into the sunlight. With the SEC and CFTC responsibilities clarified, there will be fewer ambiguous excuses like "who should we listen to." But what does this mean? It means the era of wild growth is truly coming to an end.

I've seen too many people get drawn into various "legal gray area" projects when regulations are unclear — only to see their tokens go to zero, exchanges run away, and all their money lost when policies shift. Now that the bill aims to clearly define securities and commodities, it sounds impressive, but in reality, it’s about bringing many of the "playable" things you currently enjoy under strict regulation.

The key is to remember: regulation isn’t here to save you; it’s here to protect market order. Projects that can truly survive will have the fundamentals they need. Those that rely on information asymmetry, FOMO, or manipulation by whales to pump their prices will find their survival space squeezed very tightly once the bill passes.

So, the most important thing now isn’t rushing to "buy the dip" on new tokens before policies are fully implemented, but rather taking this window to carefully assess whether what you hold is truly worth it. Clearer regulation is actually an opportunity — it makes it harder for scammers to hide and gives genuinely valuable projects a stage to showcase themselves.