Regulatory Approach to Crush the Crypto Market

On January 21 binance announced that due to the policy its signature bank they will only process user fiat transaction with more than a hundred thousand dollars couldn't do small transactions. The Fed issued a policy statement which it discourages banks from holding crypto assets or issuing stablecoins and broadens their authority to cover non-fd insured state-shotted banks. On February 8th, particular and praxis applications to follow to obtain full approval to become national trust banks still outstanding 18 months and they're probably going to be denied by the OCC. This is just the beginning I think there's gonna be a lot more many in the crypto industry kind of saying okay we'll wait it out and when