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Navigating Crypto Regulation Challenges
This chapter explores the struggles faced by a crypto business in dealing with the SEC, including attempts to establish regulatory frameworks and the implications of receiving a Wells notice. It highlights the need for clear guidelines amid the tumultuous U.S. regulatory landscape and discusses the revenue dynamics of crypto operations, particularly in relation to traditional finance models. The conversation underscores the importance of compliance, innovation, and resilience in the face of ongoing regulatory uncertainties.