California’s state senate advances a new bill—aimed at banning officials from issuing tokens 📜
In the future, when public officials issue tokens, it may be a direct violation.
Token projects targeting in-state residents may also be restricted.
A while back, how many of these “politicians issuing tokens to cash out” cases have we already seen?
Some people issue tokens to raise money—others use their positions to sell tokens, and the chaos is everywhere.
Once this bill passes, it’s basically putting a direct lock on that path.
Honestly, this is good news for the industry.
Regulators shut down the wrongdoing, and only the legitimate players will have room to operate and really enjoy the space.
Serious projects can finally breathe easier.
Before, whenever “regulation” came up, people in the industry would get tense, thinking they were about to be suppressed again.
But this time it’s different—this bill targets officials, not project teams.
If the direction is right, compliance costs go down, and long-term it’s a net positive.
In plain terms: control the things that shouldn’t be played, and the rest of the road naturally gets smoother.
Plus, California is a trendsetter—the largest state economy in the U.S.
If it works out there, other states will likely copy the template.
As the regulatory framework slowly takes shape, the industry will dare to open up and move freely.
For ordinary players, fewer token-rug-pull schemes means fewer chances to fall into traps.
For project teams, it also means you won’t have to deal with muddied waters anymore—everyone eats by their own skills.
That kind of environment is what the industry is supposed to look like.
Crypto isn’t something that can’t be regulated—it just needs to be regulated in the right way.
Block the people who rug others, and make room for those who actually do the work.
That’s what it should be.
The clearer the rules, the longer you can play.
This time they start with officials—next, it’ll be the projects that cash out and run.
Every day, I’ll help you track regulatory hotspots—not just what happens in the news, but also the logic and opportunities behind it 👀🚀
Click the link below to follow me👇🏻加入小恐龙粉丝群
#Regulation #CryptoMarket #California
In the future, when public officials issue tokens, it may be a direct violation.
Token projects targeting in-state residents may also be restricted.
A while back, how many of these “politicians issuing tokens to cash out” cases have we already seen?
Some people issue tokens to raise money—others use their positions to sell tokens, and the chaos is everywhere.
Once this bill passes, it’s basically putting a direct lock on that path.
Honestly, this is good news for the industry.
Regulators shut down the wrongdoing, and only the legitimate players will have room to operate and really enjoy the space.
Serious projects can finally breathe easier.
Before, whenever “regulation” came up, people in the industry would get tense, thinking they were about to be suppressed again.
But this time it’s different—this bill targets officials, not project teams.
If the direction is right, compliance costs go down, and long-term it’s a net positive.
In plain terms: control the things that shouldn’t be played, and the rest of the road naturally gets smoother.
Plus, California is a trendsetter—the largest state economy in the U.S.
If it works out there, other states will likely copy the template.
As the regulatory framework slowly takes shape, the industry will dare to open up and move freely.
For ordinary players, fewer token-rug-pull schemes means fewer chances to fall into traps.
For project teams, it also means you won’t have to deal with muddied waters anymore—everyone eats by their own skills.
That kind of environment is what the industry is supposed to look like.
Crypto isn’t something that can’t be regulated—it just needs to be regulated in the right way.
Block the people who rug others, and make room for those who actually do the work.
That’s what it should be.
The clearer the rules, the longer you can play.
This time they start with officials—next, it’ll be the projects that cash out and run.
Every day, I’ll help you track regulatory hotspots—not just what happens in the news, but also the logic and opportunities behind it 👀🚀
Click the link below to follow me👇🏻加入小恐龙粉丝群
#Regulation #CryptoMarket #California
