Author | @agintender

Complied by | WuBlockchain

Original Link：

danny@agintender

https://t.co/9xa4Cet7M1

6:04 AM · Jun 30, 2026 · 22.4K Views

6 Replies · 2 Reposts · 30 Likes

If the crypto world from 2016 to the present were compressed into a single sentence, it would read something like this: over the course of a decade, the industry went from “I do not need anyone’s permission” to “I must obtain a license” — and it traveled that road through a succession of settlements, criminal charges, court rulings, and several major collapses.

Prologue: Compliance Was Not Imposed on the Industry; It Became the Price of Admission

Every time the industry thought it had won, another wave of regulation followed. Every time regulators…