Wu said that according to CNBC, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), pointed out in an interview that if the crypto field lacks proper investor protection, its long-term survival will face challenges. He emphasized that the core responsibility of the SEC is to ensure the fairness of the market and protect investors from fraud and manipulation. Gensler also mentioned that although Bitcoin and other cryptocurrencies have technical potential, the regulatory framework must keep up with their development to maintain market stability and protect investor interests.