Token bill triggers industry crackdown in phase 3, Deirdre Bosa notes

Token bill triggers industry crackdown in phase 3, Deirdre Bosa notes
Token bill brings crackdown and shift

Deirdre Bosa comments on what she describes as phase 3 in the evolution of token regulations, where the introduction of a token bill coincides with a regulatory crackdown and a shift to cheaper models.

She adds that a 'good enough' approach may be sufficient in this environment.

Bosa previously reported that a new token bill has arrived, marking the start of a crackdown in the crypto sector. Details surrounding the legislation remain limited. In a separate note, she observed that Alphabet generated over $160 billion in cash flow last year but turned to issuing more than $40 billion in equity to fund AI compute.

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