#美国民主党BlueVault The US Capitol is bustling right now. Regarding the Crypto Market Structure Act, over 130 amendments have been submitted by senators, reflecting two major political camps' very different approaches to crypto policy.

On the Democratic side, represented by certain lawmakers, the main concerns are how to protect investors, prevent financial risks, ban insider trading, and investigate conflicts of interest among public officials. The underlying message is: regulation first, innovation second.

The Republican approach is the opposite. They prefer to clearly define legal boundaries for innovators, protect software developers' rights, and delineate regulatory authority clearly. In other words: protect innovation, but ensure rules are transparent.

Interestingly, although the two parties often clash, they share a consensus on one issue — the current crypto market regulation is too fragmented, with each agency doing its own thing, which nobody is happy about. So both parties want to establish a unified national regulatory framework. Some amendments are even proposed jointly by members of both parties, such as those related to stablecoin yields, which is the art of political compromise.

The underlying logic is clear: the crypto market needs to develop, but it cannot do so without rules. How to balance the two will depend on how these 130+ amendments ultimately play out. $BTC $ETH $BNB Everyone is watching this show.