最新报道:According to a report on Bijie.com on August 8th, Paradigm General Partner and Head of Research Dan Robinson announced on the X platform that this week his team, along with Multicoin Capital, Chainlink, Electric Capital, Galaxy, Ribbit Capital, and Tribe Capital, sent a letter expressing their views on the Senate Banking Committee's draft legislation on cryptocurrency market structure. On the key issue of token securities regulation, the Senate draft differs from the House-passed CLARITY Act. Paradigm believes the Senate's "ancillary asset" proposal is more beneficial to the crypto industry. While both bills offer advantages over the difficult-to-apply "Howey Test" system, which creates perverse incentives, the Senate draft is simpler and avoids fitting decentralized tokens and protocols into a rigid framework. It also uses an exclusionary clause to prevent abuse, excluding assets with legal rights to specific financial benefits from being considered ancillary assets.