A 30-day pre-release review gives Google, OpenAI and Anthropic a compliance moat while turning open model weights into permissioned infrastructure. Crypto already tested the limits of regulating immutable code: the Fifth Circuit ruled Tornado Cashโ€™s immutable contracts were not sanctionable property in November 2024, and Treasury delisted Tornado Cash on March 21, 2025.

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Up nextAnalyst says Bitcoin looks "cheap" after a brutal year, with weak ETF flows, low volatility and bearish derivatives pricing already reflecting major market risks