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“The US government spent four years threatening to aggressively surveil every private crypto wallet only to quietly delete the proposal when they realized they lacked the technical capacity to actually enforce it.”

“Regulators are discovering that the most efficient use cases for highly liquid stablecoins are increasingly being co-opted by industrialized, offshore fraud networks.”

“Regulators move fast only after correspondent access to the US dollar is directly on the chopping block.”

“Bureaucrats realized that trying to mandate surveillance on decentralized private keys was a technical nightmare they couldn't actually enforce.”