1/ On SBF & FTX
I think this is not going to be a hugely long thread (I think).
It is not going to be hugely insightful for anyone deep in crypto.
But maybe it will help as a reference to our friends in the media who are struggling quite a bit with this topic
@JUSTED_007 Its mindblowing how anyone ever thought of him as a good guy. Hell, he was a posterboy 2 weeks ago...
Big CEX or VC moguls are not frens. Fact4?
@lex_node It’s not perfect, but the principles (the important stuff) are good. Basically codifies that crypto is ok, decentralization is ok and is outside the scope if regultion (duuh). TFR regulation on the other hand is still shitty.
I’ll be the last to defend EU burreaucracy, but in a shocking turn of events it seems they actually listened to some smart comments from the industry and pushed out a decent draft.
based on latest convos about the final MiCA draft, I definitely think the EU has stolen the U.S.'s regulatory thunder on crypto for now
want to offer a token? just publish & file a whitepaper, there's no permissioned registration regime, no transfer restrictions, etc. beautiful