The US SEC is accelerating the development of a new regulatory framework for cryptocurrencies, focusing on balancing innovation and risk prevention. By clarifying token classifications, enhancing information disclosure, and regulating trading platforms, it provides a clear path for compliant projects while cracking down on fraud and manipulation. This move not only responds to market demands for rules but also paves the way for the integration of crypto technology and traditional finance, potentially driving the industry from disorderly expansion to steady growth and reshaping investor confidence.