It'll take time for things to regain momentum yet, but think of it like this - how many brand new people were exposed to the word "Cryptocurrency" in Asia of over this. I hope millions - so in the long term this could, actually help crypto growth - but in the short term it just looks like FUD. I think this is actually a long term win, a huge one at that.
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This will be a log term and short term win
We will never see crypto trading bands, you cannot b crypto trading that is like banning file sharing!
and we all saw what happened when the tried to ban bot torrent, you cannot ban a decentralized computer system, people will always keep the networks running!
Agree 100%.