⚖️ The Long-Term Trade-offs
Agency Stickiness: While the regulatory relief has boosted market adoption and lifted stocks like Coinbase and Robinhood, industry groups warn that agency rules lack the permanence of legislation.Reversal Risks: Because these frameworks rely on agency-issued exemptions and no-action letters, they remain vulnerable to being amended or rolled back by future political administrations.
Agency Stickiness: While the regulatory relief has boosted market adoption and lifted stocks like Coinbase and Robinhood, industry groups warn that agency rules lack the permanence of legislation.Reversal Risks: Because these frameworks rely on agency-issued exemptions and no-action letters, they remain vulnerable to being amended or rolled back by future political administrations.