Recently, Victory Securities started restricting virtual asset accounts for mainland China IPs. Actually, Futu and Tiger had already implemented similar restrictions before. The main direction for virtual assets in mainland China has always been consistent; it's just now being applied to more specific details. Personally, I feel this kind of restriction is unlikely to be an isolated case. It's more likely to become a long-term trend in the future. But the truly interesting part is that if you shift your perspective overseas, it's a completely different style. Over the past two years, the U.S. SEC has been repeatedly discussing not whether to open or restrict, but whether stocks and ETFs can exist in a more efficient form. For example, Nasdaq is researching longer trading hours, and the clearing system is exploring whether it can be moved onto the blockchain. Essentially, they're all trying to solve the current trading structure's issues—it's too slow and inefficient. The styles on both sides are completely different. One side is focused on whether accounts can be operated, with increasing restrictions. The other side is figuring out ways to make the assets themselves more flexible. What MSX @MSX_CN is doing now is essentially tokenizing U.S. stock assets and putting them on the blockchain, making the act of trading itself simpler and more efficient. It might not be suitable for everyone, but if you care about efficiency, time, and operational freedom, this approach is indeed being adopted by more and more people. You can see that MSX is currently at the forefront of exploring the tokenization of U.S. stock assets on the blockchain. MSX Registration: http://(msx.com)/?code=Gr6c08