Recently, I saw XYO co-founder Markus Levin discuss U.S. crypto regulation. He mentioned that these draft bills have been delayed, causing the entire industry to be unsure of what to do. His critique seems somewhat reasonable—building projects before rules are finalized indeed carries high risks. He specifically mentioned the CLARITY Act, meaning there’s a need for clear regulatory frameworks in advance, rather than waiting for technological development to mature and then retroactively creating rules. As an early-stage crypto project, XYO has indeed faced more difficulties navigating uncertainty over the years. Markus Levin’s view is that innovation shouldn’t be hindered by regulatory lag, and that logic seems sound. What do you think? Do you also feel that the U.S. needs a clearer crypto policy framework?