The SEC Shoves New Market Maker Rule Through

Discussion on the new SEC market maker rule and its potential impact on the crypto industry, including concerns about lack of clarity and economic analysis. Opposition from private trading firms and Treasury Secretary Janet Yellen's testimony on stablecoins. Exploration of federal regulation of stablecoins, SEC's jurisdiction over spot markets, and the need for proper crypto legislation. Highlighting MicroStrategy's Bitcoin purchases and their diminishing free cash.