This week in crypto two interesting and contradictory events happened.
1.
Blockstack Becomes The First To Hold The SEC Qualified Token Offering In The U.S. History -
U.S. decentralization as Blockstack PBC’s upcoming token offering, Stacks (STX) has been qualified by the SEC under Regulation A+. This means under Regulation A+, the general public or the U.S. citizens can also participate in this token sale, rather than it being restricted to the accredited investors, as it was before under Regulation D. This is a huge step towards the future of tokenization, making it more transparent and secure at the same time.
2. Donal Trump
Tweeted on Crypto - I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity....
What are the communities take on the above two, The president of a country is against crypto (mostly he does not understand crypto) second US of A's SEC approving legal token sale.