The position of Crypto Assets President is a concern for all of us.

Crypto Assets giants strongly support Donald Trump in his presidential campaign, and he has begun to repay them by easing regulations on the Crypto Assets industry. Combined with Trump's own and his family's involvement in the market, this could benefit him and his circle. However, it may also exacerbate various criminal activities and jeopardize the health of our financial markets.

In recent years, the Securities and Exchange Commission has been advancing regulation of Crypto Assets, recognizing that they could pose instability to the traditional financial system. Historically, the enforcement focus of the Securities and Exchange Commission has only slightly changed from one administration to another. These focuses have almost never been completely abandoned.

Trump has ended this tradition. In just over three months, the Securities and Exchange Commission has canceled its encryption enforcement plan, rejected, ended, or "paused" nearly all lawsuits, appeals, and investigations related to Crypto Assets. The Securities and Exchange Commission has also taken other measures, including weakening its Crypto Assets and Network Division, removing the word "encryption" from its name, cutting its personnel by 40%, and transferring its chief litigation attorney to the information technology department.

At the same time, Trump and his family launched numerous Crypto Assets projects, including establishing their own Crypto Assets company and coin, to help investors anonymously inject funds into Trump's treasury. The Trump family stated that they would collaborate with a Singapore-based Crypto Assets exchange to launch a series of funds related to Crypto Assets and introduced the $Trump and $Melania meme coins - a high-risk Crypto Assets derived from internet memes or trends.