Welcome back to another Messari bi-weekly roundup! The regulatory discussion took center stage this week after Sam Bankman-Fried shared a draft of his proposed regulatory framework. Additionally, all eyes are on the Bitcoin mining industry as hashrate continues to increase and push public miners closer to bankruptcy, threatening another leg down in Bitcoin’s price.
Last week, Sam Bankman-Fried (SBF) published a draft of a suggested regulatory framework for the crypto industry. However, it was not well received by the crypto community.
There were seven main topics that SBF covered:
Sami Kassab is an Enterprise Research Analyst focusing primarily on Web3 Infrastructure and Bitcoin. Sami previously spent 5 years as an Aerospace Engineer designing aircraft engines and missile & defense systems.