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The regulatory trends in the cryptocurrency market continue to attract attention. Recently, the Market Structure Act proposed by Senate Republicans received support from several leading companies. Industry giants such as a16z, Circle, Ripple, and Kraken have expressed their approval, believing that the bill will help improve the market framework. However, not all companies share the same stance, with Coinbase openly opposing it. This reflects differing understandings of the regulatory framework within the cryptocurrency industry. From a broader industry perspective, mainstream opinions tend to support the establishment of clearer market structure regulations, but the reasonableness of specific proposals still requires further observation.