#美联储终止新型活动监管

The Fed puts down the big stick, can the market finally catch its breath?
The Federal Reserve announced the termination of new activity supervision, a move comparable to a "homeroom teacher suddenly declaring that they will no longer check for early romantic relationships," instantly making the market exuberant. It is important to note that this regulatory framework was originally aimed at the "new play" of banks and financial institutions, especially concerning digital assets and tokenization businesses. Now, with a decisive cut, the message is very clear: the Federal Reserve no longer wants to be the "big brother" that manages everything. The logic is simple: financial innovation has outpaced regulation, and the Federal Reserve can't keep up, so it simply lets go. As a result, banks may be able to more flexibly try out new businesses like digital asset custody and blockchain payments. In the short term, the stock market cheers, especially for fintech companies, which no longer have to worry every day. However, don’t think it’s truly free now. Regulation has always emphasized "spring winds blow, autumn winds tighten"; today’s relaxation could be replaced with a different guise tomorrow. What investors should do is not to celebrate but to seize this "loose window"; getting ahead is the key.