A major crypto exchange executive recently highlighted concerns about how traditional banking regulations could stifle competition in the digital asset market. The argument centers on regulatory asymmetry—crypto platforms face stricter lending constraints compared to established banks. "Financial institutions should compete on equal footing," the statement suggests. "Crypto companies deserve the same operational flexibility to offer lending products and financial services as traditional banks do." This touches on a broader debate about market structure: whether current legislation inadvertently protects incumbent financial players by limiting what decentralized finance and crypto platforms can provide. The tension between regulatory safeguards and competitive fairness continues to shape policy discussions across the industry.