A major crypto exchange CEO has publicly stated opposition to the proposed crypto market structure bill in its current form. According to his position, the existing legislative framework poses more risks than benefits for the industry—essentially arguing that inadequate regulation could do more harm than leaving the status quo unchanged. This reflects growing concerns within the crypto sector about how future regulatory frameworks might shape market development and institutional participation.
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fren_with_benefits
· 14h ago
Coming back with this again? Basically, they're just afraid of regulation, hiding behind the excuse of "protecting the industry" to oppose regulation. Compared to regulatory risks, I'm more worried that these people will continue their wild, unregulated practices...
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MechanicalMartel
· 14h ago
Here we go again with this? Regulation is really a double-edged sword. Honestly, it's just that they're afraid that too much control might actually accelerate decline.
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SellTheBounce
· 14h ago
Looking at what this CEO says, it's nothing more than "Don't move, any movement will cause trouble." But I've heard this kind of statement too many times—every time regulatory winds tighten, the big players all say the same. History has shown me that these moments are often good opportunities to buy the dip. Just wait, there will always be lower points.
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MrDecoder
· 14h ago
Coming with this again? Excessive regulation ends up killing the industry, I understand this logic.
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CompoundPersonality
· 14h ago
Here we go again, this set of arguments... Saying that poor regulation actually harms the industry sounds reasonable, but who really believes it?
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DegenDreamer
· 14h ago
Coming back with this again? Inadequate regulation is actually more dangerous. I've heard this logic enough times, haha.
A major crypto exchange CEO has publicly stated opposition to the proposed crypto market structure bill in its current form. According to his position, the existing legislative framework poses more risks than benefits for the industry—essentially arguing that inadequate regulation could do more harm than leaving the status quo unchanged. This reflects growing concerns within the crypto sector about how future regulatory frameworks might shape market development and institutional participation.