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Many people criticizing recent regulatory proposals miss a crucial context: outside the US, virtually none of the major economies—India, China, UK, EU—show genuine enthusiasm for crypto. They mostly just... tolerate it. Barely.
That's exactly why this legislative push matters. It's the first real shot at making crypto an actual, respectable sector rather than something regulators just put up with. Whether you agree with every detail or not, the alternative is staying in this gray zone indefinitely. Which isn't a win for anyone.