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SEC Commissioner Sounds Alarm: Crypto Deregulation Could Topple Markets Like a Game of Jenga
SEC Commissioner Sounds Alarm: Crypto Deregulation Could Topple Markets Like a Game of Jenga
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Another day, another regulator clutching pearls over crypto’s wild west. This time it’s an SEC commissioner warning that loosening rules could send the whole shaky tower crashing down—just like your kid’s weekend Jenga disaster.
Brace for impact? The commissioner’s dire metaphor lands as DeFi protocols keep building skyscrapers of leverage while TradFi veterans smirk from their regulated trenches. ’Innovation’ versus ’irresponsibility’ depends which side of the compliance budget you’re on.
Meanwhile, Bitcoin hodlers yawn and check their wallets—because when has fear ever stopped a bull market? Just ask the 27 banking regulators currently drafting their ’we told you so’ press releases.
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