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2026-08-19：The Altcoin Regulatory Discount Evaporates as SEC Proposes Landmark Safe Harbor Framework
A regulatory discount that shaped crypto valuations for years may be starting to disappear, but the market is not rewarding every token equally. The SEC's proposed safe harbor could redraw the line between speculative tokens and investable network businesses, just as Visa and Mastercard escalate a high-stakes battle for stablecoin settlement infrastructure. Why is Solana suddenly in the middle of that fight? Why are Bitcoin ETF flows returning even as Treasury yields climb toward 4.73%? And why does AAVE look technically stronger while Ethereum remains pinned below $1,920? One looming token…
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