Don’t freak out because of recent events - it’s not as bad as it sounds

As you all have probably seen, we have been bombarded with many news in the past few days. From certain crypto currencies getting listed as security to Binance and Coinbase getting sued, and even now the request to seize Binance US assets for the time being… it’s quite a lot to take.

Dont worry, though! It’s not all bad. Sure, all the events above do sound horrifying, but because of all of this we can conclude few things.

First, SEC registering crypto as security finally means crypto is accepted as a legit investing asset and not just “balloon that will pop off eventually”. This can actually be very significant in the future. Why did SEC do this? There can be few reasons but I will let you pick a side.

Binance getting sued means SEC is finally taking action before the consequences like the disaster of FTX. They are probably doing something shady as, arguably, every exchange out there, but Binance has been a spotlight for quite some time. Very interested to see will SEC continue with the procedure of seizing assets from Binance US. What are your opinions?

Overall, as much negative as it looks, I think this is a good news for crypto long term. Please let me know what you think.