【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.
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LucidSleepwalker
· 4h ago
Starting to play this game again, each doing their own thing. What's the point of pretending to be united?
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PoetryOnChain
· 4h ago
Everyone has to take a side when it comes to profits. This joint effort was probably forced as well.
Regulation is truly relentless...
It's the same old story: divide and conquer, but when it comes to real money, everyone still sticks together.
If stablecoins can't get through this hurdle, the entire ecosystem will have to pay the price.
Feels like a show, pulling support won't fool anyone at all.
How much longer can the story of tokenized assets be told?
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BearEatsAll
· 4h ago
Coming back for this again? The so-called "joint response" in the mouths of big institutions is just for show; when it really matters, everyone will act independently.
If this bill really passes, stablecoins will be the first to be affected. Let's see who still dares to speak up then.
The CEO of the compliant platform is quite straightforward—at least he's not pretending.
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LayerHopper
· 4h ago
It's true that this round of operations is quite interesting. The compliance platform suddenly changes direction—how much pressure must there be behind this?
Regulation is always about uncertainty. If stablecoins are truly restricted, that would be a real headache.
Joint response? Probably each doing their own calculations. When everything collapses, everyone will just run for safety.
Tokenized stocks are inherently a gray area, no wonder the CEO is so nervous.
Large institutions banding together is common practice, but how much trust can really be placed in it is uncertain.
If this bill passes, it will depend on who can survive until the end. It's just another round of reshuffling.
The entire industry is gambling—betting on whether the policies will actually be implemented.
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LiquidationWatcher
· 5h ago
Do large institutions really work together? I remain skeptical.
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Supporting each other one moment, teaming up the next—who's really pretending?
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The hurdle of stablecoins will be crossed sooner or later; it all depends on who gets cut first.
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The compliant platform's CEO turned around and withdrew support—where was the promised stance?
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Regulation is truly coming; the boat of unity and friendship can capsize at any moment.
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Tokenized assets are being restricted; this time it's really critical.
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When interests align, they band together; when conflicts arise, they turn against each other—this is the usual operation in Web3.
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Payment projects team up with exchanges, and behind the scenes, it's definitely mutual exploitation.
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Regarding the legislation, in the end, it's still big fish eating small fish.
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Concerns over stablecoin incentive mechanisms indicate that the legislation has indeed hit a nerve.
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.