TOKEN2049 Singapore dropped some real regulatory alpha:

CLARITY Act is dead in the water. So who's making the rules now?

Brian Quintenz (ex-CFTC, now $SUI): SEC + CFTC can fill the gap without Congress. Translation: same old turf war, different year.

Jake Chervinsky (Hyperliquid Policy): $HYPE is building compliant infra so anyone can launch legit markets. Bold claim in a world where compliance = competitive moat.

Deepa (VARA Dubai): Regulated derivatives = 7x volume spike in Dubai. Numbers don't lie—clear rules attract real liquidity.

Arjun Sethi (Kraken): Europe's whales are fleeing to Dubai, Singapore, Hong Kong. The West is losing the talent war while Asia eats lunch.

Bottom line: U.S. regulatory vacuum is pushing capital and builders offshore. If you're not watching MENA + APAC, you're already behind.