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SEC’s Paul Atkins Drops Bombshell Crypto Regulation Overhaul—Brace for Impact
SEC’s Paul Atkins Drops Bombshell Crypto Regulation Overhaul—Brace for Impact
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Wall Street’s watchdog just sharpened its teeth—again. SEC Chair Paul Atkins unveiled a sweeping new framework for crypto oversight, promising ’clarity’ while quietly expanding the agency’s reach. Critics whisper it’s more about control than consumer protection.
The plan targets everything from DeFi protocols to stablecoin issuers, with Atkins insisting the rules will ’foster innovation.’ Funny how innovation always seems to require thicker compliance paperwork.
One hedge fund manager quipped: ’They’ll regulate crypto into a 1995-era stock market—just in time for quantum computing to make it all obsolete.’
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