Recently, the Crypto Assets sector has attracted the attention of many, and the policy directions of various countries have become key factors in the market.

Russia has been exposed for being involved in cryptocurrency transactions amounting to as much as 51.1 billion USD, a staggering figure that highlights the importance of crypto assets in the global financial system, while also sparking discussions on the regulation of cross-border capital flows.

At the same time, significant changes are also taking place in the U.S. financial regulatory landscape. The Federal Reserve has announced the termination of its special regulatory program for emerging financial activities, a decision that could impact the operating environment for Crypto Assets-related companies.

What's more noteworthy is that the U.S. Securities and Exchange Commission (SEC) has launched a new initiative called 'Project Crypto,' aimed at updating the rules for Crypto Assets custody. This move signals that regulators are working to adapt to the rapidly evolving digital asset market.

These events intertwine to outline the complex and ever-changing regulatory landscape in the Crypto Assets sector. As policies continue to adjust across various countries, market participants need to closely follow these changes to adapt to the new regulatory environment. In the future, the compliance and security of Crypto Assets will become key issues for the industry's development.