Yesterday the SEC was still suing exchanges, and today it’s issuing financing licenses to the crypto industry.
$5 million exemptions from registration, $75 million yearly review channel—token safe harbor—this isn’t relaxation; it’s recruitment.
But the market doesn’t care about any of that. If there’s money to be made, that’s all that matters.
Expectations for the altcoin season are already maxed out, and Bitcoin is charging ahead first.