#数字资产生态回暖 【Major Progress in US Regulation: New Consensus Reached on Banking System and Digital Asset Legislation】

Good news came from the market on Thursday. Senator Tim Scott, Chairman of the U.S. Senate Banking Committee, after meetings with Bank of America CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf, gave a positive assessment of the progress in establishing a regulatory framework for the cryptocurrency industry—stating that both sides have achieved a "substantial breakthrough" in drafting a comprehensive digital asset market bill.

What is the core of this dialogue? Simply put, it is to establish a unified rule system for the entire crypto asset ecosystem. How assets like $BTC and Ethereum are classified, who regulates them, and the boundaries of the SEC and CFTC's authority—all these need to be clarified in the new legislation.

It is worth noting that this week, Democratic and Republican senators held two rounds of in-depth discussions with senior financial institution executives. The topics included handling of yield-bearing assets, decentralized finance (DeFi) regulatory frameworks, and anti-money laundering compliance standards. Among these, the regulatory status of stablecoins has been the biggest sticking point—these highly liquid assets have a profound impact on the passage of the overall market legislation and are also the most concerning issue for the banking system.

This indicates that the policy environment for cryptocurrencies is gradually shifting from "regulatory pressure" to "structural negotiation."