Regulatory updates worth noting: 16:16:51 [Beijing Radio and Television Bureau Releases Policy to Promote High-Quality Development of the Animation Industry, Allocating 30 Million Yuan Annually in Support Funds] According to a report by CaiLian News on March 28, the "Ultra HD Audiovisual Technology Innovation and Development Forum" of the 2026 Zhongguancun Forum Annual Conference was held in Beijing on March 28. During the forum, the Beijing Radio and Television Bureau officially released the *Key Project Support Measures for Promoting High-Quality Development of the Animation Industry in Beijing*. The introduction of this policy marks a significant step forward for Beijing's animation industry. Regulation is the biggest uncertainty in the crypto market, but also the biggest catalyst. Every time regulation becomes clear—whether it's positive or negative—it's better than "uncertainty." What the market fears most isn't bad news; it's not knowing whether the news is good or bad.