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Why ConsenSys is Suing the SEC | Joseph Lubin & Matt Corva

Bankless

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Cryptocurrency Regulation and Power Dynamics

This chapter examines the influences of regulatory bodies like the SEC on the cryptocurrency landscape, highlighting perceived efforts to inhibit innovation in favor of traditional financial structures. It discusses the complexities of classifying Ethereum and non-custodial wallets, advocating for their recognition as distinct from traditional broker-dealers. The conversation underscores the need for regulatory frameworks that support technological advancement without stifling decentralized financial solutions.

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