FWIW I think this would be appropriate, whether it comes (ideally) via federal funding, or otherwise via the digital asset industry:
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Agreed - though we need a dramatic change in the composition of regulatory resources. For example, the SEC is 80% lawyers. We need data scientists, developers, and infrastructure experts, which means paying competitive salaries (hence the need for bigger budgets).
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1 mil/day for less than 1k employees, 1k$+ per person PER DAY to enforce regulations and supervise the subjects of it, how much x 1 mil for crypto industry to maintain its compliance teams? "otherwise via the digital asset industry" is "we gonna bump the fees" with other words
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