Oct. 14, 2023
The new SEC rule's broad scope of coverage is a cause for concern. Treating every person using smart contracts as a potential exchange seems excessive and could stifle innovation within the blockchain and cryptocurrency space. Striking the right balance between regulation and fostering technological advancement is crucial in this rapidly evolving landscape. I also feel that America is now falling behind when it comes to innovation , leaving China and Saudi Arabia in the lead. As the world's greatest nation we should be in the lead, when it comes to any and everything.