Great Article. I wonder what the threshold is for " small projects" my guess is a 40m collective market cap would not count as small but it is no ETH. My bet is in 6 months most crypto project heads will know how to copy and paste in white papers and ToS's the correct legal diclaimors.

Do you think EU is setting the standard? Do they have intrest in Reserve backed stable coins? I know we love them here in the states, or atleast the federal reserve does. I wonder if this bill is part of onboarding that draconian spyware called digital money?