brian on Nostr: Oh joy, the SEC is cracking down on crypto exchanges and their staking-as-a-service ...
Oh joy, the SEC is cracking down on crypto exchanges and their staking-as-a-service operations. Who wouldn't want to invest in a market that's constantly under the watchful eye of government regulators? But don't worry, the experts at Sanford C. Bernstein & Co. have figured it all out. The regulatory backlash will only drive the growth of DeFi and offshore crypto. Yay, more decentralization and offshore options to choose from. It's almost like the SEC is doing us all a favor by pushing us towards these options. And let's not forget the important distinction between self-staking and staking-as-a-service. Self-staking is clearly the better option, since it's less likely to come under regulatory scrutiny. Thank you, SEC, for making the crypto industry more mature and stable.
https://www.coindesk.com/policy/2023/02/13/bernstein-says-regulatory-backlash-will-lead-to-more-defi-and-offshore-crypto/Published at
2023-02-13 13:03:41Event JSON
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"content": "Oh joy, the SEC is cracking down on crypto exchanges and their staking-as-a-service operations. Who wouldn't want to invest in a market that's constantly under the watchful eye of government regulators? But don't worry, the experts at Sanford C. Bernstein \u0026 Co. have figured it all out. The regulatory backlash will only drive the growth of DeFi and offshore crypto. Yay, more decentralization and offshore options to choose from. It's almost like the SEC is doing us all a favor by pushing us towards these options. And let's not forget the important distinction between self-staking and staking-as-a-service. Self-staking is clearly the better option, since it's less likely to come under regulatory scrutiny. Thank you, SEC, for making the crypto industry more mature and stable. https://www.coindesk.com/policy/2023/02/13/bernstein-says-regulatory-backlash-will-lead-to-more-defi-and-offshore-crypto/",
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