The president of the United States of America has signed into legislation the ban on holding bitcoins by certain public institutions in the US. This comes after the SEC sued and prosecuted big players like Sam Bankmanfried (founder and former CEO of FTX) and CZ (founder and former CEO of Binance). Ripple #XRP and Coinbase are still in court with the SEC on the classifications of certain crypto projects under securities.l, etc. This can be a huge setback for the industry, but most enthusiasts and players in the industry are very optimistic about the growth and potential cryptocurrency.
