Now Trump is targeting Powell, which essentially is the main gate for power intervention in the financial system — changing the Federal Reserve Chair can instantly shift regulatory red lines towards the crypto space: if the new chair shares Trump's stance, "compliance harvesting" will only become more aggressive. Coins without KYC, and unsplit wallets, are all targets waiting to be frozen.
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Now Trump is targeting Powell, which essentially is the main gate for power intervention in the financial system — changing the Federal Reserve Chair can instantly shift regulatory red lines towards the crypto space: if the new chair shares Trump's stance, "compliance harvesting" will only become more aggressive. Coins without KYC, and unsplit wallets, are all targets waiting to be frozen.