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理智分析的牛
先想最坏情况：如果发行前审查被削弱，普通人可能要承担更多识别劣质项目的成本。
加州DFPI已致函SEC，反对拟议的加密资产融资规则，担忧州级注册和资格审查权受限。我更在意两点：审核约束可能减少，规则落地仍有变数；这还不能简单算作融资利好。
我的风控提醒是：参与前先核实发行主体和披露材料，给自己写清楚最多能承受多少损失。
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