The SEC's Reg Crypto: A Regulatory Bridge or a Bridge to Nowhere?
The SEC proposed a rule for crypto asset issuance, and the market barely blinked. But here's the thing that caught my attention: the SEC itself expects only about 130 projects to actually use the new exemption. The numbers didn't lie, but my trust did. For years, we've been told that regulation is the enemy of innovation. Now, the SEC is trying to build a framework for token lifecycles, and I'm not sure the industry is ready for what that actually means.