Two major headlines shaking up the crypto space today:

First up — regulatory winds might be shifting. Paul Atkins, the current SEC Chair, just dropped an interesting take: on-chain markets could actually deliver better predictability and transparency for everyday investors. That's quite the statement coming from the top.

Meanwhile, justice caught up with Terraform Labs co-founder Do Kwon. He's been handed a 15-year prison sentence, marking one of the most significant legal consequences we've seen in the industry recently.

Both stories signal we're entering a new phase where regulation and accountability are taking center stage.