Paul Atkins dropping truth bombs:

SEC *can* push crypto rules through with current authority. But here's the catch—without Congress stepping in, we're building on shaky ground.

Translation? Expect regulatory flip-flops every admin change unless we get actual legislation.

This is why institutional hesitation remains high. No one wants to deploy capital into a framework that could evaporate in 4 years.

Stability = liquidity. Right now we have neither locked in.