According to @EleanorTerrett, Hiro Systems CEO @alexlmiller disclosed that the company spent over $15 million to comply with SEC reporting requirements, yet still became the subject of an SEC investigation. This highlights ongoing regulatory uncertainty and rising compliance costs for crypto firms operating in the US, a critical factor that traders should consider when evaluating the risk profile and operational outlook of US-based crypto projects. Heightened regulatory scrutiny could impact token listings, liquidity, and overall market sentiment, particularly for projects seeking to maintain SEC compliance (source: @EleanorTerrett on Twitter, May 6, 2025).

According to The White House, new regulatory measures will be implemented to increase transparency and security in cryptocurrency trading. These measures are expected to affect compliance costs and trading volumes in the crypto market (source: The White House).

According to The White House's recent tweet, the arrest of Hiou Yuan Tsen for aggravated identity theft by ICE Chicago could impact cryptocurrency markets by increasing regulatory scrutiny on transactions involving foreign nationals, potentially affecting trading volumes and compliance costs.