Fuck regulations.

They're the one who ruin "Fundamental Bitcoin Right".

Anyone can buy and sell Bitcoin, anyone can mine Bitcoin even they use weak CPU, anyone can run full node to decentralize the network, and anyone can self custody their coins without need to reveal to anyone else.

There was never a time when the US government said they liked bitcoin; in fact, they hated it from the beginning, so this shouldn't be something new, but this attack is on those services that offer support for bitcoin.
 
Since they can't control Bitcoin's self, they want to control the way people make use of it 's self they want to control the way people make use of the reasons why they are going after those services that offer crypto currency to be transmitted, either to come and follow the due regulation process or to leave the US market.

the 'fed' only cares about protecting its position in the international markets. its sole job is about regulating to stay in power/international rank as a superpower and protect the federal reserve and treasury to fund its activities to defend its position in the international markets
the fed aligns more with the banking/corporate need. where as the states align with the citizen need(well it supposed to)

the states are suppose to represent and defend the people within the states.. so if people in america desire and want bitcoin then the state level will support such. even if it goes against fed level desires. however the fed can EO override state desires

the US constitution is not just about giving citizens rights, its actually to protect peoples birth given natural abilities from being abused if the fed over stepped

the fed is found to be at conflict with the united states in many area's (migration is just one of many others)
the fed cant even decide what it wants to be.. sometimes it supports migration by hiring coaches and setting up grants with hotels to traffic in migrants. then it uses ICE and gives grants to airlines to traffic migrants out. whether a state wants it or not