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U.S. policymakers are showing strong resistance to the Cryptocurrency Market Structure Bill.
There are indications that this is influenced by some officials with nihilistic approaches.
This development is attracting attention among market participants.
In particular, there is a clash between calls for regulatory transparency and voices denying market regulation itself from a nihilistic standpoint.
According to industry insiders, some policymakers are reluctant to fundamentally change the existing market infrastructure and information service frameworks, which is hindering the bill's progress.
There is also a view that nihilistic thinking is obstructing the construction of a constructive regulatory framework.
An interesting point is how much this resistance will impact the market.
Regulatory uncertainty directly affects the maturity of the cryptocurrency market.
There is a growing demand within the industry for substantive market structure development rather than nihilistic approaches.
Depending on future policy developments, significant changes to the market structure could occur.
Platforms like Gate.io are also closely monitoring these regulatory environment changes.