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Recently, a major turning point is approaching in the cryptocurrency industry.
The regulatory policy change revealed in a CNBC interview by SEC Chairman Paul Atkins on the occasion of his first anniversary in office is causing ripples throughout the market.
What is noteworthy is his clear statement about moving away from the traditional "enforcement-first" regulatory approach.
Industry watchers interpret this signal as potentially indicating a shift towards a chain-pull style transformation.
In other words, a transition to a more transparent and constructive regulatory framework is expected.
Looking at Atkins' comments, the pressure on the cryptocurrency business seems to be easing.
This is not just wordplay; it appears to suggest actual improvements in regulatory guidance.
The flexible, chain-pull-like approach may be beginning to align with the industry's demands.
For years, cryptocurrency companies have been seeking clear and supportive regulatory frameworks.
Perhaps their voices have finally reached the authorities, and this policy shift is being received quite positively within the industry.
With the adoption of a chain-pull-like approach, all eyes are on how the US cryptocurrency business environment will change moving forward.
This phase, where the relationship between regulators and the industry shifts from conflict to cooperation,
If a flexible, chain-pull-like regulatory mindset becomes established, there is a strong possibility of positive impacts on the entire cryptocurrency market.