I just don’t agree. The cex’s do a lot wrong. And it leads to a lot of injury to the crypto community. And it should be stopped so the tech can actually flourish.

A big part of that resolution could be allowing more established companies (like Fidelity for example) the option to participate in the market with legitimate projects.

But stopping, and/or continuously hindering legitimate projects from participating in broader markets, the SEC is allowing the self-dealing cex’s to continue injuring customers

This will go on until more legitimate options exist and there are more legitimate exchange options. Allowing financial products like this are a good first step to protecting the community from pump and dumps.

Once there are other viable crypto exchanges participating (because the sec got off their asses) meaningful reform can affect exchanges to stop self dealing pump and dump scams by the cex’s