Regulatory bill sparks disagreement: a leading exchange opposes it, while the ecosystem remains optimistic

【Crypto World】A certain leading exchange recently announced that it has withdrawn its support for a particular regulatory bill. The reason is straightforward—the amendments added to the bill are even more frustrating than the current regulatory landscape. The CEO explicitly stated: rather than see a flawed bill pass, it’s better to maintain the status quo.

While one side takes a firm stance, there are differing voices. Leaders from a well-known public chain ecosystem and representatives from industry research institutions have already come out in support of the bill before the Senate discussion. Their logic is that, although the bill still has issues, it is still a positive step forward for the entire industry.

Why does the same bill provoke such significant disagreements? This precisely reflects the true divide within the cryptocurrency industry regarding regulation—some are eager to pass any bill to gain clear regulatory expectations, while others prefer to maintain the gray area rather than accept undesirable outcomes. This game is far from over.