#加密市场观察 Significant Favourable Information! The regulators have finally "loosened up", is the industry going to change?

Just when the market was in a state of panic, two pieces of "Favourable Information" came from the regulatory level, directly injecting a strong dose of confidence into the industry.
1. The CLARITY Act is coming! Before it is reviewed by the Senate in January next year, the crypto circle has been complaining about "the regulatory chaos in the United States," but now clear rules are finally on the way! David Sacks, the White House's AI and crypto affairs lead, announced on December 19 that the Digital Asset Market Clear Act (also known as the CLARITY Act) will enter the Senate for review in January 2026. This is the first federal bill in the United States to comprehensively regulate digital assets, with the core focus on clarifying "which crypto assets are under the SEC's jurisdiction and which are under the CFTC's jurisdiction," and it also fills the regulatory gap on RWA (Real World Asset tokenization). It is important to note that over 60% of digital currency projects have migrated out of the United States due to regulatory uncertainty. If this bill passes smoothly, it is likely to attract these projects back, leading to a major reshuffle in the industry!
2. SEC's Dramatic Shift: From "Crazy Crackdown" to "Proactive Guidance on Compliance" What is even more surprising is the SEC's transformation! The new SEC chairman has completely changed the previous style of "enforcement equals regulation" and has directly withdrawn lawsuits against several leading crypto companies. Moreover, it has introduced an "innovation exemption" policy—granting crypto companies a 12-24 month regulatory grace period, simplifying the compliance process so that they are not tied down by various rules right from the start. In addition, the custody rules have been updated, requiring broker-dealers to have absolute control over private keys, which is also aimed at preventing security risks and ensuring better protection for investors' assets. After this wave of actions, many industry insiders sighed: "U.S. crypto regulation has finally shifted from 'blocking' to 'guiding'!"

Industry giants are flocking in! Netflix and museums are also jumping on the Web3 bandwagon.
With the relaxation of regulations, the giants can no longer hold back! In the past few days, several traditional giants have officially announced actions related to Web3, directly pushing the progress of "integrating the crypto world into the mainstream" to the max.
1. Netflix Acquires Metaverse Platform, Aiming to Create Virtual World Identities? On December 20, streaming giant Netflix officially announced the acquisition of the metaverse identity platform Ready Player Me (the one that can create cross-platform virtual avatars and previously received investment from a16z). The specific acquisition amount has not been disclosed, but this move is significant—it means mainstream entertainment giants are starting to seriously layout the Web3 ecosystem. In the future, everyone might have their own virtual identity in Netflix's film and television content, experiencing immersive viewing and interaction? It's quite interesting to think about!
2. New York MoMA collects CryptoPunks!
NFT has finally been recognized by the mainstream art world. There have always been doubts about whether "NFTs are truly art," but now an authoritative institution has provided an answer! The Museum of Modern Art (MoMA) in New York has directly acquired 8 CryptoPunks NFTs, incorporating them into its permanent collection. This is yet another significant recognition of blockchain art by the traditional art world following the NFT auctions at Sotheby's and Christie's. Who would still dare to say that NFTs are a "tax on intelligence"?
3. The Federal Reserve takes a big step: Crypto institutions can directly access the central bank's payment system.
The most significant news is the Federal Reserve's new policy! On December 20, the Federal Reserve proposed the establishment of a "new payment account," allowing eligible cryptocurrency companies and fintech firms to use this account directly for clearing and settlement. Previously, cryptocurrency institutions wanting to access traditional financial payment systems could only rely on "proxy banks" for transfers, which was cumbersome and risky. Now, being able to directly connect to the Federal Reserve's payment system is equivalent to obtaining a ticket to the "regular army," marking a major breakthrough for the cryptocurrency industry in integrating with traditional financial infrastructure. In the future, compliant transactions will be much more convenient.