No Summary provided as the original text is short
- Layer-2 Sequencer: A component in layer-2 blockchain networks responsible for ordering transactions before they are committed to the main chain.
- Regulatory Uncertainty: A situation where unclear or evolving laws and regulations create challenges for businesses to operate or plan effectively in compliance with legal standards.
- SEC (U.S. Securities and Exchange Commission): A government agency overseeing securities markets, tasked with protecting investors, maintaining fair markets, and facilitating capital formation.