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FMAS:25 Panel Issues Stark Warning: ’Labeling All Crypto Transactions as Externalization Stifles Innovation’
FMAS:25 Panel Issues Stark Warning: ’Labeling All Crypto Transactions as Externalization Stifles Innovation’
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Crypto's next big regulatory battle just got a spotlight. Industry leaders at FMAS:25 push back against oversimplified frameworks that could kneecap blockchain's potential.
Why it matters: When legacy finance tries to force-fit decentralized systems into traditional boxes, everyone loses—except maybe the lawyers billing 800 hours to 'interpret' the rules.
The pushback: Panelists tore into lazy regulatory approaches that treat every on-chain interaction like a SWIFT transfer. 'This isn't your grandfather's forex market,' snapped one DeFi founder.
Between the lines: Behind the jargon lies a simple truth—you can't regulate what you won't bother to understand. But hey, at least compliance departments are minting NFTs of their bonus checks.
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