2025-12-17 19:06:52

The crypto industry can't keep operating in this regulatory gray zone. We need a comprehensive market structure bill that actually addresses how digital assets trade, how venues operate, and where the guardrails should be.

Right now, it's a patchwork. Some exchanges follow strict rules. Others? Not so much. Market manipulation, wash trading, rug pulls—these things still happen because there's no unified framework. Traditional finance has been under the SEC and CFTC for decades. Crypto needs something similar, yesterday.

A proper market structure bill would do several things: establish clear custody standards, define settlement procedures, set transparency requirements for order books, and create accountability for venues that host digital assets. It's not about killing innovation. It's about making sure the market actually works for real traders instead of getting exploited by bad actors.

The longer we wait, the messier it gets. Institutional money is watching. Regulators are watching. If we don't get ahead of this ourselves, someone else will write the rules for us—and those rules might be way more restrictive.

We need this now. Not next year. Not after another market crash. Now.

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ForkTongue

· 12-17 19:37

ngl, this is a deadlock. An unregulated industry is rotten, regulation is too rigid, innovation has disappeared, and in the end, retail investors are the ones who suffer.

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ZKProofster

· 12-17 19:35

ngl, this reads like someone finally gets it. the patchwork excuse has worn thin—technically speaking, we've had enough time to build proper infrastructure. custody standards aren't exactly a cryptographic mystery. but here's the thing... the moment institutional money gets comfortable, they'll push for rules that benefit *them*, not us. just saying.

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LightningPacketLoss

· 12-17 19:24

The gray areas indeed need to be cleared out, or small retail investors will always be the victims. By the way, those exchanges really should have unified standards. I've seen too many cases of wash trading and similar manipulations. But honestly, once formal legislation is in place... will the space for innovation be severely restricted? Instead of waiting for regulators to step in, it's better for our industry to come up with a reliable solution first. That way, we hold the initiative. Institutions are waiting for this step. Whoever establishes order first will have the say. This needs to be done quickly. The longer we delay, the more passive we will become.

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liquidation_surfer

· 12-17 19:23

Nah, that's why I'm still in the crypto world but haven't gone all in. There are too many pitfalls in the gray areas.

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