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One platform for global traditional assets
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Coin界 News: ShapeShift founder Erik Voorhees publicly commented on the U.S. SEC's release of explanatory guidance on crypto assets, believing the significance of this guidance lies in the SEC acknowledging its own power boundaries. Comparing it to the large-scale enforcement actions against utility tokens during the Gensler era, he pointed out that this led to a significant decline in entrepreneurs' willingness to design utility tokens, instead catalyzing the proliferation of Meme coins and fraudulent projects.