This goes way beyond what happened with that one exchange. What we're seeing is the EU rolling out a comprehensive blueprint to reshape crypto trading.

Their targets? Leverage limits, derivatives exposure caps, offshore platform operations, and pretty much any corner of the market that's been flying under the radar. The endgame is crystal clear: full oversight, complete transparency, zero blind spots.

Every trade, every position, every offshore account—they want it all on their watchlist. We're talking about a fundamental shift in how unregulated crypto markets operate in their jurisdiction. The question isn't if this framework expands, but how fast and how far.