When Govt put something under "threat to national security" category, it means they will try to crush it down.But Mexican Drug Cartels laundering money via Banks never threatened the national security !

Whenever Govt use this language, it generally means things are going to go bad for lot of people. And this time they declared Crypto - a threat to national security. Maybe it is just because of transparent nature of Cryptocurrencies, and people in govt hates transparency.

In coming weeks, we might see Govt taking some ridiculous steps to neutralize this so called "National Threat".The question is when but it is happening for sure

As the process is already started, where individuals like Treasury Secretary would get enough powers to prohibit any Crypto Transactions without any process or rules.Rest you can imagine.

It's just ironic that, Mexican Drug Cartels laundering millions of dollars via global banks never seen as a threat to "national security" and its not any conspiracy theory, it's proven multiple times that Banks laundered money for drug cartels, and even govt had enough evidence of that but not a single person ever went to jail.

As Govt thought that taking action against such banks would destroy the global economy. So it's better to get a cut from their dealings with drug cartels.