Gary Gensler concerned with decentralization of Bitcoin and illicit use, consumer protection coming for DeFi, ICOs, and altcoins

It is definitely unclear if the future will end up promoting the decentralization and financial self sovereignty in Bitcoin out of necessity. Right now we expect to see Bitcoin continue to be treated as property and uphold its genuine decentralization.

But it is clear that new regulation is coming for ETH, DeFi, and the altcoin armies targeting scams, frauds, and rug pulls galore!