Recently, there have been renewed concerns about tighter regulations. Honestly, this anxiety is really unnecessary.

Anyone who went through it back in the day knows that what happened on September 4, 2017, was truly earth-shattering. Seven government departments jointly issued an announcement, directly defining ICOs as illegal public fundraising. Looking back now, the whole situation seems pretty surreal.

At that time, all ICO projects had to come to an emergency halt, and those that had already raised funds had to quickly arrange for refunds. Even more drastic, domestic trading platforms were completely shut down—they were banned from offering fiat trading pairs, prohibited from matching trades, and couldn’t even act as pricing or information intermediaries. It was basically like pulling the plug on the whole system.

After that wave, the entire industry was in mourning. But what happened later? People kept playing, just on a different stage. So, after experiencing real storms, this little commotion now is really nothing to worry about.