I mean, past 12 months crypto hasn't been very volatile. That is part of why it looks like it is outperforming all these banking institutions who are rather volatile in that the regulators are forced to invent new regulations on the fly otherwise the whole system might collapse. Nobody has any confidence that their money will be safe except, ironically, people like the Silicon Valley Bank depositors.

In crypto, they lost FTX. That seems to have been about it. No rule changes required. I can self-custody if I don't trust the exchanges.