๐Ÿด The SEC's Big Shift

Banklessยทยท6 min read
Crypto/Web3RegulationTechnology
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AI Summary

The SEC issued new guidance exempting crypto interface providers from broker-dealer registration requirements, providing regulatory clarity for DeFi front-ends. Paradigm released Reth 2.0 execution client with significant performance improvements, supporting both Ethereum and their controversial Tempo blockchain.

Key Facts

โœ“SEC exempted crypto interface providers from broker-dealer registration, giving DeFi front-ends regulatory clarity
โœ“Reth 2.0 now processes 1.7 gigagas/second and reduces full Ethereum node storage to under 300GB with 10-minute sync times
โœ“Michael Saylor predicts Bitcoin will reach $21 million and discussed Strategy's evolving capital machine on Bankless podcast

Author Takes

SkepticalBankless

Paradigm's shift to Tempo

Seeing Paradigm shift energy from Ethereum to corporate-aligned ecosystem has been a bummer

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