[CZ: Philippine SEC Grants In-Principle Approval to BlockShoals, Open Regulation Will Attract Capital and Drive Innovation] According to a report by Jinse Finance, on June 29, Binance founder CZ stated that the Philippines is currently one of the most exciting digital asset markets in Southeast Asia, having risen to 4th place globally in the TRM Labs Country Crypto Adoption Index. Local regulators truly understand the developmental needs of the industry. They adopt a collaborative and forward-thinking regulatory approach, focusing on achieving three main goals: consumer protection, innovation, and growth. This combination is exceptionally rare. I had discussions with several individuals from the Philippine Department of Finance, including Finance Secretary Frederick Go, Philippine Securities and Exchange Commission (SEC) Chairman Francis Lim, and the BlockShoals team. We had in-depth discussions about the future direction of the industry. One significant development is that the PhiliFintech Innovation Office under the Philippine SEC has granted BlockShoals an In-Principle Approval (IPA) under the StratBox framework. This is truly excellent regulation—building pathways for innovation rather than erecting barriers. Projects like StratBox send a clear signal: the Philippines is serious about developing the digital asset industry. Confidence attracts capital, capital drives innovation, and innovation brings more confidence. This positive flywheel starts turning here. I remain optimistic about the Philippine market and the crypto industry in the long term, and I recommend accumulating during dips. Stay tuned for more updates.