The recent cancellation and closure of many past investigations by the SEC may be a terminal turning point for a reversal of attitude. Tiandu sees their investigations end and the judge dismisses their charges. We've seen the House and Senate question their approach. It may be that the government and legislative bodies may become more open and inclusive towards cryptocurrencies, pushing the SEC to adjust its strategies to promote innovation and technological development.

Concluding investigations into cryptocurrency projects could significantly boost market confidence. Investors and project parties will believe that the regulatory environment has become more friendly and reduces legal and compliance risks, thus encouraging more investment and participation. The United States’ leadership in global cryptocurrency and blockchain will be consolidated and enhanced. A clearer and friendlier regulatory environment will attract innovative projects and talents from around the world to develop in the United States, thereby enhancing the United States' international competitiveness in this emerging field. And it may also reflect the gradual maturity and optimization of the regulatory environment. This series of actions not only enhances market confidence and industry compliance, but also creates more favorable conditions for future innovation and investment and promotes the healthy development of the cryptocurrency market.