Vitalik Buterin has criticized the current regulation of digital assets, the main points being:

1️⃣ Honest developers have been cornered.

2️⃣ Projects with vague promises of potential returns remain outside the regulators' focus, while honest and transparent projects are immediately classified as "securities".

3️⃣ Buterin called this "anarcho-tyranny", where acting honestly becomes risky - against this backdrop, the industry is attracting less scrupulous projects.

4️⃣ Regulators should pay more attention to projects without a clear long-term strategy, rather than those that provide a clear justification for their economic value.