Ethereum co-founder Vitalik Buterin has sharply criticized current cryptocurrency regulations, describing them as creating an “anarcho-tyranny.” In his view, these regulations unfairly target good-faith developers while allowing scams to flourish. Buterin argues that stringent rules treat clear and honest projects as securities, stifling innovation and increasing risks for legitimate ventures. His critique highlights the need for balanced regulations that promote transparency and accountability without stifling progress.