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Industry Unites to Confront Regulatory Challenges: Digital Asset Bill Sparks Corporate Collaboration
【Crypto World】The CEO of a leading payment project recently expressed surprise at a compliance platform’s firm stance on the “Digital Asset Market Transparency Act.” He admitted that the concerns raised by the other party’s CEO regarding tokenized stock restrictions and stablecoin incentive mechanisms “are well-founded.”
Interestingly, although the compliance platform later withdrew its support for the bill, the industry’s rebound is still ongoing. Key players—including the aforementioned payment project, a stablecoin issuer, a well-known exchange, and top investment institutions—are working together to address the challenges brought by the bill.
This regulatory turmoil highlights the division within the Web3 world: major institutions have differing attitudes toward policy, but when it comes to the industry’s future, cooperation often proves to be the most pragmatic approach. Whether stablecoins and tokenized assets can pass this test depends on how the upcoming game unfolds.