To save its money printers , USA is hellbent on destroying crypto through obstructive regulation.

Imagine you have a currency that is the most used currency on earth and you have the power to print however much of it , wouldn't that be the dream .

But now suddenly your dominance is getting challanges , there is more competition in town, There is a currency which is limited and decentralised, It's getting traction and you are scared because your monopoly is threatened.

So what do you do? Ofcourse you will want to restrict it, and that's exactly what Current US government is doing through sec.

Go around and sue everything, either don't make any rules and call them unregulated or make rules so dumb that they can't be followed and then blame it on crypto.

Demonise people involved in crypto as was seen speech of the president which was funnily enough about the debt ceiling and everything crypto is against.