Most financial companies have large balance sheets, a small amount of equity that is highly leveraged, and asset values based on many assumptions. If the assump

Most financial companies have large balance sheets, a small amount of equity that is highly leveraged, and asset values based on many assumptions. If the assumptions change, a business can go from everything is great to insolvent really fast. That is why such businesses are highly regulated. With crypto we see why this regulation is so important.