00:00U.S. regulators, namely the SEC and CFTC, just dropped a joint quantum leap for the cryptosphere.
00:09They've unveiled a plan to modernize financial oversight with moves like 24-hour trading, clarity on event-based contracts, think election bets or prediction markets,
00:20streamline collateral rules, and full-throttle exploration of DeFi and perpetual crypto derivatives.
00:31On top of that, a new task force is being forged to tackle foreign pump-and-dump schemes targeting Chinese-linked coins.
00:40This isn't just regulatory housekeeping, it's game-changing.
00:44A collaborative approach like this suggests Washington might actually want crypto to flourish, not flounder, expect wall stops of confusion to fade,
00:55and the suits to start suiting up for institutional playtime.
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