Big news! The U.S. SEC will hold an important meeting on December 15 to specifically discuss privacy issues in the crypto world. At that time, not only will there be high-level hosts like the chairman and the head of the crypto working group, but even big shots in the crypto space like Zcash founder Zooko Wilcox will be there to speak. This is not a big deal, but the waters are deep.
Let me state my view: this is not about establishing new regulations, but it is definitely about giving a 'heads up' and setting the tone for future regulatory directions. The core issue is: how deep should the regulatory 'knife' cut between combating money laundering and protecting personal privacy? The meeting has invited founders of privacy coins and privacy tech companies, indicating they want to hear industry voices, but in recent months, the U.S. has shown no mercy in cracking down on privacy tools like Tornado Cash and Samourai Wallet. This is a typical case of 'first courtesy, then military action'; after probing, the next step may be action.
What impact will this have on the market?
Short-term volatility is inevitable: privacy coins may be speculated back and forth, but before the meeting results are clear, it is not advisable to chase high prices.
In the long run, expect more constraints: do not expect regulatory relief on 'privacy'. In the future, all wallets and mixers involving privacy features, and even certain public chains, may face stricter compliance reviews. Technological innovation and freedom must give way to 'regulatable'.
What should retail investors do now?
Avoid high-voltage lines: in the short term, stay away from those altcoins that purely rely on 'anonymity' and 'anti-censorship' as selling points; they are the easiest targets.
Return to core assets: during uncertain times, funds will lean more towards assets with the strongest consensus like Bitcoin.
Pay attention to information flow: after the meeting on the 15th, keep an eye on public statements from SEC officials, as that will be key to judging the direction of regulation.
Remember, when regulators start to seriously discuss a topic, it means the countdown to 'problem-solving' has begun. Want to understand the trend in real-time and seize opportunities during adjustments? Click to follow, and as soon as there are any developments from next week's meeting, I will break it down for you immediately.
What retail investors need to do is 'patiently wait for opportunities, and act decisively and accurately'. Keep an eye on the trends, join the village to receive daily real-time strategies + loss prevention guidelines!
