Looking back twenty years to the world of cryptocurrency, it was still a wilderness. At that time, regulation was absent, and various projects emerged like mushrooms after rain, with quality ranging from good to bad. Now I hear that SEC Chairman has announced that the "Cryptocurrency Market Structure Act" is about to be passed, and I can't help but feel emotional. This reminds me of the ICO boom in 2017, when lack of regulation led to all kinds of chaos. If this bill can pass smoothly, it will bring much-needed regulatory clarity to the industry and may help avoid repeating past mistakes. However, history has shown us that every major regulatory reform often causes intense market volatility. Investors need to stay vigilant and manage risks carefully. At the same time, it’s important to recognize that a regulated environment is beneficial for the healthy development of the industry in the long run. I hope this can be an important step for cryptocurrencies to move toward mainstream acceptance.