#BounceBit n Clear and transparent regulations can greatly stimulate innovation. Here are some reasons:

1. **Trust**: Clear regulations provide a sense of security for investors and companies, encouraging them to invest more resources in developing new projects.

2. **Directing innovation**: Laws can help direct innovations towards areas that serve society and enhance economic benefits.

3. **Risk reduction**: When rules are clear, it reduces uncertainty, enabling companies to plan better and invest more in research and development.

4. **Encouraging collaboration**: Having clear regulations can facilitate collaboration between companies and regulators, creating an environment conducive to innovation.

How do you see these regulations impacting the current market?