After years of lawsuits, vague threats, and baffling silence, the SEC now says it might write actual crypto rules. Charming. They’ve gone from “everything’s a security” to “let’s maybe clarify things,” like they didn’t spend years making it up as they went.
Now broker-dealers might be allowed to handle Bitcoin and ETH—because nothing says clarity like waiting a decade to acknowledge reality.
Of course, their decisions spill over to the rest of us whether we like it or not. The global market has to play along with the world’s most indecisive referee. It’s exhausting, it’s messy, and somehow, it’s still just the first act.