#加密货币监管发展 The speech by the SEC chairman this time was quite unexpected, sounding like it might ease regulations on the encryption industry. However, I won't easily believe the sweet words of regulatory agencies. They say they want to differentiate between different types of encryption assets, which sounds good, but in practice, there will likely be a long way to go. I have experienced too many times of regulatory policies changing overnight, and each time it results in a wave of suckers being played for suckers. The safest approach now is to remain vigilant, closely follow policy trends, but not take rash actions. After all, the regulatory big stick could fall at any time, and we retail investors cannot afford that risk. Rather than hoping for regulations to suddenly become friendly, it is better to learn more about project analysis methods to improve our risk identification capabilities.