SEC’s Crypto Relaxation: Expert Warning of 2008-Style Financial Crisis

Financial experts have issued a warning that the SEC’s recent easing of regulatory oversight over digital asset markets could trigger a financial crisis similar to the 2008 crash. They argue that by weakening enforcement on cryptocurrencies, regulators are inadvertently creating risky connections between traditional banking and tokenized services, blurring lines that could lead to systemic risk if exposed to economic strain.