#加密货币监管政策# Looking back on the past, I can't help but feel emotional. Once upon a time, Crypto Assets were a niche field, but now it has become the focus of attention at the political level. This statement from Trump's eldest son reminds me of the ups and downs of the past few cycles.

From the birth of Bitcoin to the time when governments around the world began to follow and introduce regulatory policies, this industry has weathered many storms. I remember at the end of 2013, China was the first to halt Bitcoin exchanges, and at that time the market was full of sorrow. But a few years later, we witnessed the bull market frenzy of 2017.

Today, hearing Trump's eldest son say that encryption will become the future of finance and could reach a value of trillions of dollars, one must say that history is always remarkably similar. Every major policy change triggers severe fluctuations in the market. However, in the long run, the gradual improvement of regulatory policies lays the foundation for the healthy development of the industry.

Looking back at past successful cases, such as the launch of Bitcoin futures in the United States, which provided convenience for institutional investors to enter the market. Among the failures, the most representative is undoubtedly the Libra project launched by Facebook in 2019, which ultimately failed due to regulatory pressure. These experiences tell us that dancing with regulation is the right path.

Currently, we are at the starting point of a new cycle. The statement from Trump's eldest son may indicate that U.S. policies will become clearer. In comparison to history, I believe this could be a positive signal. However, we must also be vigilant about the uncertainties that political factors may bring. After all, history tells us that the market will never be smooth sailing.