# 加密货币监管框架

#加密货币监管框架 New Chairman Selig takes office, shifting from the SEC's "strict enforcement" to the CFTC's "regulatory focus." This signal is actually worth pondering. Having navigated the crypto world for years, I’ve seen too many projects grow wildly in the gray areas of regulation, only to be delisted overnight.
Rules are more frightening than enforcement; you need to understand this. Enforcement targets already occurred bad acts, while rules tell you from the outset what you can and cannot do. This means that future projects will need approval before launch, rather than issuing tokens first an

Ghana's move is a crucial step! The parliament officially passed the Virtual Asset Service Providers Act, meaning cryptocurrencies are moving from the "gray area" into the "sunlight."
Data shows that Ghana handles $3 billion in crypto transactions annually, and 17% of adults are already using digital assets — this is not a niche hobby; it reflects real financial demand. Even more impressively, the era of individuals being arrested for trading cryptocurrencies has officially ended.
What excites me most is Ghana's long-term vision: by 2026, they aim to deeply integrate crypto technology into pay

#加密货币监管框架 The Hong Kong Securities and Futures Commission's recent actions are worth noting. Both "可盈可乐" and "Globiance X/Globiance HK" have been added to the warning list, with the core issue pointing to unlicensed operations—what does this mean? These platforms lack the necessary regulatory authorization for virtual asset trading, making investor asset security essentially unprotected. More critically, user feedback indicates withdrawal difficulties, which often serve as a precursor to risk outbreaks.
From an on-chain perspective, such risk events typically trigger chain reactions. First, l

#加密货币监管框架 The value flow in 2025 has become quite clear. Based on on-chain data and institutional movements, stablecoins and prediction markets have indeed become the biggest winners—Tether's per-user profit has reached the level of top-tier companies. This not only reflects a surge in trading volume but also indicates that stablecoins have evolved from pure transaction mediums into genuine financial infrastructure.
What’s even more interesting is the strategic game at the institutional level. Traditional financial giants like Robinhood and Intercontinental Exchange have quickly entered the m

#加密货币监管框架 The latest warning list published by the Hong Kong Securities and Futures Commission includes two more platforms, "Kuying Kele" and "Globiance X/Globiance HK," both of which have been blacklisted for unlicensed operation. Investors have already reported difficulties in retrieving their assets. This serves as a wake-up call for us crypto enthusiasts—before participating in airdrops and interactions, verify the platform's credentials. Don't risk your assets on shady platforms just for a small reward.
The increasingly strict regulatory framework is actually a good thing, indicating tha

#加密货币监管框架 When I saw this news, my first reaction was: this is just an old trick that has been around for over half a century, now wrapped in a new technological shell.
The $37 trillion debt crisis is essentially nothing new. Since Nixon severed the link between the dollar and gold in 1971, the US has mastered the art of devaluing debt through currency dilution. This was the case after World War II, during the stagflation of the 1970s, after the 2008 financial crisis, and even during the pandemic liquidity injections. Each time, the US solves its debt crisis with the same logic—not truly repa

#加密货币监管框架 Morgan Stanley's move is interesting. The traditional financial giants officially entering institutional-level crypto trading indicates that the regulatory framework has reached a critical point—shifting from "Can we do it" to "How to do it more compliantly."
This is a double-edged sword for the copy trading ecosystem. In the short term, institutional liquidity entering the market will push up volatility, potentially amplifying the strategic advantages of certain experts, or causing them to become ineffective under the new market structure. I recently adjusted the evaluation weights

Oh my god, I just saw a set of data that completely shocked me😲 The total value of crypto M&A transactions in 2025 actually reached $8.6 billion? That's almost four times last year's! Coinbase acquired Deribit for $2.9 billion, Kraken spent $1.5 billion to buy NinjaTrader… These numbers are simply astronomical to a newcomer like me.
What's most interesting is that the Trump administration seems to have really taken cryptocurrencies as a national priority, appointing industry-supportive regulators, dropping lawsuits, establishing reserves… It feels like the policy shift directly triggered this

#加密货币监管框架 The new CFTC chairman takes office, shifting from "strict enforcement" to "focusing on rules"? This signal is quite interesting🤔
In simple terms, the US wants to bring the crypto market into its regulatory framework, but not to crush it completely. Michael Selig, who previously worked on the crypto task force at the SEC, has now moved to the CFTC, indicating that the SEC and CFTC will start coordinating and cooperating.
For us players, this might mean:
- Gradual clarification of the regulatory framework (short-term volatility possible)
- Compliance projects will become more attract

#加密货币监管框架 Seeing Ghana officially pass the Virtual Assets Act, my first reaction is not excitement but relief. Over the years, I have encountered too many investors making hasty decisions due to unclear regulations, and even getting cut by the market. Now, more and more countries like Ghana are establishing clear regulatory frameworks, which means this market is becoming more orderly.
What impressed me most is that the Governor of the Bank of Ghana specifically emphasized this point—the goal of the new framework is "to effectively manage relevant risks," rather than outright bans. This attitu