The SEC’s New Blockchain Baptismal Font
Paxos gets blessed as Wall Street’s on-chain middleman, proving that nothing is truly ‘decentralized’ until it’s centrally approved.
‘Kneel, coin. By the power vested in me by Section 17A, I hereby declare you… systemically important but still your fault if it breaks.’
Source headline
Paxos Wins SEC Clearing Agency Approval for Blockchain Settlement Business
Around the Shallot
Stay in the same broken universe.
Forecasts, satire, cartoons, and quizzes should feel like one publication, not disconnected tabs.
Tech
Illinois Accidentally Becomes World’s AI Parent While Senate Argues Over Which Lobbyist Gets The iPad
As Jim O’Neill quietly courts frontier labs in SoCal, Illinois passes the AI equivalent of a chore chart and threatens to ruin everyone’s vibes.
May 30
Forecast
By March 2027, One Big Tech Firm Will Cut Frontier AI Training
The market still believes AI demand is infinite and price insensitive. Inside boardrooms, CFOs are discovering their ‘infinite’ budgets last six weeks.
May 30
Comments
Be the first to comment.