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the SEC has been hostile to crypto ever since well really under Clayton and now of course under Gensler that hostility is nothing new so its not entirely surprising that theyre going after cracking and staking I would say the intensification is evident from the SEC in terms of oversight I believe that they feel emboldened that they have more of a political mandate now to go after crypto post 2022 in the FTX collapse so I think the same undercurrent Trends are driving the secs action and the action of the FED FDIC OCC which is feeling politically emboldened due to a lot of people are sympathetic with attempts to ring funds through crypto space in the US after the collapses of last year and also Congress being deadlocked thats an important thing that I think people are not talking about is the prospects for legislation here of any sort are very minimal going forwards for the next two years I dont think well see anything pertaining to crypto actually believe it or not even though t