EU Proposes 100% Backing for Crypto Insurers: Too Harsh or Necessary? 

Alright, you degens, listen up! So the EU thinks they can just slap a 100% backing requirement on crypto insurers because of volatility? Please. Like *every* crypto asset is Bitcoin circa 2011. Circle's got it right, these bureaucrats need a nuanced approach. I'm thinking some of these stablecoins are looking pretty damn stable, aren't they? So, let's hear it, geniuses. Is this just another clueless move by legacy finance trying to stifle innovation, or is there actually a legitimate point hidden somewhere in this regulatory mess? And more importantly, how are *we* going to profit from this? Don't be shy, drop your alpha below.