Justin Slaughter, Vice President of Regulatory Affairs at Paradigm, stated that the Digital Asset Market Structure Bill proposed by the US House of Representatives is a "gradual but meaningful revision" aimed at weakening the dominant position of large cryptocurrency companies. He pointed out that the draft will lower the threshold for project related party holdings from 5% to 1%, which will help promote market democratization. Meanwhile, the SEC will assume primary regulatory responsibilities until the project achieves full decentralization. Slaughter