No.
What I see is legislation being applied—imperfectly, unevenly, and often misunderstood—but applied nonetheless. And when it is, every chain will be subject to the same tests.
There is no special exemption. No preferred narrative that survives scrutiny. The question is not which chain is favoured—it is which can actually meet the requirements when those requirements are properly enforced.
Most cannot.
Because once you move past slogans and into law, the analysis becomes precise. Who exercises control? Where is discretion? What is fixed, and what can be altered? Who is responsible when something goes wrong?
These are not branding questions. They are legal ones.
And when regulators begin applying those tests consistently, many of the systems currently assumed to be “safe” will face far more difficulty than those built with defined rules, auditability, and legal enforceability from the outset.
So no—the environment is not favouring the wrong chains.
It is exposing which ones were never structured to withstand scrutiny in the first place.