There's worry about a regulatory apocalypse when the government decides that existing laws apply to the crypto scams as well as the more traditional sorts. I wo

There's worry about a regulatory apocalypse when the government decides that existing laws apply to the crypto scams as well as the more traditional sorts. I wonder tho if the domino will fall the other way: the Fed declares some CBDC and the regulators explicitly allow the crypto derivitive kind of scams linked to it, in hopes of reigniting that fire to their more direct profit / reinflating an economic bubble. "finance as code" thinking, given access to the traditional financial scams, should be able to re-implement horrors undreamt of in the markets since the last dozen times they were tried and outlawed. But this time they'll have websites and new slang to describe their operation.