If the CLARITY Act passes, the crypto world may usher in a "licensed bull market"?

What has been the biggest problem in the crypto space in the past?
It's not lack of technology.
It's lack of identity.
For many projects over the years, the biggest daily concern has been:
Raising funds on one hand,
While worrying about lawyer calls on the other.
And if the CLARITY Act is successfully promoted,
The entire industry may truly enter a phase of "identity verification."
Why is this important?
Because the biggest issue with US regulation in the past
Was the ambiguity of boundaries.
The SEC says you're like a security,
Projects say they're like commodities.
Both sides battle online every day.
As a result, institutions are hesitant to hold large positions.
After all, no one wants to buy coins today
And receive a regulatory investigation letter tomorrow.
The biggest significance of the bill now is not short-term price manipulation,
But setting rules for the industry.
Once the rules are clear,
The future entry of traditional finance could far exceed expectations.
Especially large asset management firms.
They don't lack the desire to make money,
But they can't touch gray areas.
What does the crypto industry resemble most in the past?
Like a night market.
Very lively,
But unregulated.
If a regulatory framework is implemented in the future,
It may gradually become a legitimate financial district.
This is the real big change.
The funniest part is,
Many veteran investors used to fear regulation the most.
Now they suddenly start hoping for regulation.
Because everyone finally understands:
The ultimate competition in capital markets is legality.
And the real bull market,
Is often not driven by retail investors rushing in.
It's driven by institutional buying. #Gate广场五月交易分享