The attitude of US regulatory agencies towards the cryptocurrency industry has shown a clear shift. According to foreign media reports, the SEC has made significant adjustments to ongoing crypto-related cases in recent times—over 60% of these cases have been paused, fined lightly, or withdrawn altogether. More notably, no new crypto enforcement actions have been initiated so far.

The background of this change is worth noting. The reports indicate that the SEC has ceased pursuing certain crypto companies with political connections, with related cases being frozen or dismissed. This suggests that the previously relatively strict crypto enforcement framework is loosening.

For traders and project teams, this signals something different. On one hand, the easing of enforcement pressure may provide greater operational space for some projects; on the other hand, the policy uncertainty itself is also worth cautioning against—shifts in regulatory direction often come with risks.

The crypto market has always been swinging on the regulatory pendulum. From a stricter stance to a clear contraction now, the speed and extent of this shift indeed reflect a re-adjustment of US regulatory policies. In any case, this is market information worth continuous observation.