Recently, U.S. Secretary of Commerce Gina Raimondo made an important speech regarding the regulation of Crypto Assets, emphasizing the significance of a regulatory framework for the healthy development of the Crypto Assets industry. This statement has attracted widespread attention in the industry.

The Crypto Assets market has experienced explosive growth in recent years, and by 2024, the global market capitalization of Crypto Assets has surpassed $3.6 trillion. However, alongside this rapid development, the industry also faces numerous challenges. The most well-known is the collapse of the FTX exchange, which resulted in significant losses for many investors and exposed the shortcomings of current regulation in the Crypto Assets market.

The decentralized and anonymous characteristics of Crypto Assets provide convenience while also offering opportunities for criminals. Research shows that the occurrence of terrorist organizations obtaining funds through Crypto Assets is on the rise, posing a severe threat to global financial security.

Lutnik's recent remarks reflect the increasing recognition of the importance of regulating Crypto Assets by the U.S. government. Previously, the U.S. had an inconsistent stance on Crypto Assets regulation, sometimes lenient and sometimes strict. Now, the new chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, has also expressed a commitment to establishing a regulatory framework for digital assets, which is undoubtedly a positive signal.

Establishing a reasonable regulatory system is expected to reduce market chaos and enhance the confidence of traditional investors. However, regulation is also a double-edged sword; excessive regulation may stifle innovation and affect industry development. Therefore, finding a balance between promoting innovation and preventing risks will be a major challenge for regulatory agencies.

As the regulatory framework gradually improves, the Crypto Assets market may usher in a more robust development. However, at the same time, those speculative Crypto Assets that once surged in the short term may gradually decrease. For investors, this means that they need to more carefully assess various Crypto Assets, following those projects that have real application value and long-term development potential.