Stuart Alderoty (@s_alderoty): This week’s federal court rulings striking down the SEC’s dealer rule and Treasury’s sanctions on Tornado Cash share a theme: Regulators don’t make la…
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This week’s federal court rulings striking down the SEC’s dealer rule and Treasury’s sanctions on Tornado Cash share a theme: Regulators don’t make law; they enforce it as written. If they want more power, only Congress—accountable to the people—can grant it.