Good morning Asia, here's what's moving the markets today: 1. Ether is flat before the Shanghai upgrade, as selling pressure hasn't materialized 2. Can sbf_ftx be blamed for the regulatory crackdown on crypto? TheSamReynolds, mikejcasey write
When watching Washington policymaking, it’s worth remembering that governments, like all human organizations, are made up of, well, humans – complicated creatures whose emotions often undermine their capacity for rational decision-making.I warned of a dangerous politicization trend in U.S. crypto policy following a barrage of regulatory enforcement actions taken against this industry.
It reminded me of the importance of clear, inviolable rules of governance, whether they’re baked into democratic institutions such as the U.S. Constitution, or forged into consensus mechanisms used by open-source software communities, like those attached to blockchain protocols.Among a string of “Thanks Sam” moments these past five months, this one takes the cake.
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