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.
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Tech
‘Don’t Regulate Us,’ Beg AI Founders Currently Selling Regulation-As-a-Service
Silicon Valley hails Trump’s plan to let AI companies write their own rules, promises to sell those rules back to everyone else by Q4.
Oct 11
Forecast
Through December 10, Houthis Won’t Damage Pakistan or Turkey Infrastructure
The Mecca Defense Pact just put two more flags on the Saudi firing chart. The consensus panic says this widens the war within weeks. The signal says the Houthis will talk big, hit Saudi and the sea, and leave Pakistan and Turkey’s hard targets alone for this 60 day window.
Oct 11
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