It’s daunting the amount of capital and expertise it would take to run such a business, and even if you’re successful, are you just going to be No. 2?
They are making sure that the laws they are putting into place don't unfairly hinder the growth of the technology company
Blockchain tracking capabilities are advanced enough that it would be relatively easy for the U.S. government to follow the money if the Russian oligarchs try to turn their fortunes into crypto.
Federal interest rate policy, inflation, worldwide supply chain shortages, and ongoing global unrest are having an adverse impact on markets of all sorts. Crypto is not immune to widespread shifts in investor confidence, and this too shall pass.