According to paulgrewal.eth, South Carolinians experienced an estimated $2 million loss in staking rewards due to legal actions. This situation underscores the necessity for clearer consumer protection regulations in the cryptocurrency space, affecting the 52 million Americans who own crypto. The commendation of South Carolina's stance suggests a push for more states to implement protective measures to safeguard investors from similar losses.

According to ZachXBT, Circle's leadership frequently discusses compliance, security, and consumer protection, but there has been little observable action. He questions when Circle will move beyond rhetoric and start implementing meaningful measures.