What if the US is dropping all the crypto regulation as a last-ditch effort to hyperfinancialize the US beyond Greece-and-Iceland levels?
Discussion
Wake me up when there's a "de minimus" limit for tax reporting. You know, like what we've been asking for since 20-freaking-15. You know, that thing that makes you legally obligated to calculate FIFO/LIFO on a cup of coffee.
Get rid of that, then I'll believe "crypto deregulation" is happening....
Probably they'll just deregulate stablecoin companies and give every nook and cranny of the third world unfettered access to the dollar.