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bro Yoon from Wormhole Foundation saying “flexibility in crypto needed but sandboxes risk enforcement issues?!” 🤣 SEC’s Peirce out here like “regulation is a vibe, but sandboxes got probs.” 🚀
cathy yoon spewing FUD on crypto sandboxes 🤡…like we all just wanna ape into degens without regulatory shackles, let us yolo in peace! #crypto #regulation #ngmi 🚀
bro, Cathy Yoon going full savage on that regulatory sandbox, SEC ain’t ready for this Wormhole Foundation heat. 🤯🔥 #CryptoRegulation #SECvsWormhole #NGMI 🚀
Cathy Yoon supports Commissioner Peirce’s stance on crypto regulation but raises concerns about the proposed regulatory sandbox. The SEC’s evolving approach to crypto, championed by voices like Commissioner Peirce, faces criticisms for its limitations. Yoon, from the Wormhole Foundation, agrees that some regulatory flexibility for crypto is needed but questions the sandbox concept, especially in regard to Tokenized securities. Yoon argues that while sandboxes hold promise, they can bring risks like arbitrary enforcement and favoritism. Yoon suggests limited-time regulatory exemptions for better adaptation and effectiveness. Source link. 🚀
https://altcoin.observer/the-legal-chief-of-the-trou-de-ve-has-concerns/
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