When emergency powers get weaponized too liberally, it fundamentally erodes the rule of law framework. The repeated invocation of national emergencies as a governing tool raises serious concerns about institutional checks and balances. This matters for market participants—policy predictability and legal stability are foundational to long-term asset confidence. As institutional participation in crypto grows, regulatory clarity and constitutional constraints become increasingly critical. The tension between executive flexibility and systemic safeguards deserves scrutiny from anyone watching how governance shapes financial markets.