ARCA'S USDC TOKEN INITIAL EXCHANGE OFFERING DENIED: A DETRIMENT TO COPYRIGHT'S TRADITIONAL FINANCE DREAMS?

Arca, a prominent figure in the DeFi landscape, saw its USDC token IPO application denied by regulators. This unexpected outcome throws a wrench into the gears of copyright's ambition to blend seamlessly with traditional finance. While some argue this roadblock merely represents a necessary hurdle in the evolution of regulation, others see it as a