Degen

🔔 In its final days, the Biden administration has proposed new regulations holding crypto wallets like MetaMask and Phantom accountable for fraudulent or incorrect transactions. The proposal aims to classify wallets as financial institutions to enhance user security.  

However, industry critics argue it's unreasonable, likening it to blaming toolmakers for misuse. With the incoming Trump administration, this proposal is likely to be repealed. 🏛️💡

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