🚨 MASSIVE CRYPTO FUD 🚨

A new banking bill draft just dropped - and it’s ugly. $FOGO

Key risks: $FRAX

- De facto ban on tokenized stocks $FHE

- DeFi restrictions + unlimited government access to financial records

- CFTC power stripped, innovation pushed under SEC control

- Stablecoin rewards targeted - banks enabled to block competitors

Altcoins sold off immediately.

⚠️ Reminder - this is ONLY a draft.

Long road before it becomes law.