> Fwiw, if you are arguing for a review of how existing laws should apply to crypto, I'm fully on board.

Yes, I think we are on the same page. I don't think crypto should be, or it is even possible to be, the wild west, indefinitely. Something should be in place, but we should have some clarity, and it would be great if the organization coming up with the laws understands the technology at a technical level. Gary Gensler seems promising, but time will tell.