Two government agencies spent five years trying to destroy crypto. This week they signed a peace treaty. The SEC sued everyone. The CFTC went after DeFi. Both claimed jurisdiction. Together they froze billions in capital and drove thousands of jobs offshore. Then on March 6th, something nobody expected happened. They signed a Memorandum of Understanding to share oversight instead of fighting over it. The Gensler era is officially dead. But make no mistake – this wasn’t kindness. A $3 trillion industry forced their hand. They didn’t make peace because they wanted to. They made peace because they had to. Five years. Billions in fines. And now a handshake. Who paid the price? Follow @onchainalphahq for on-chain alpha ð”¥ðµ Music: “Precipice” by Scott Buckley (scottbuckley.com.au) â”
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