With the expansion of the investment vehicles available, this is just \London\ trying to drive a steak in to the heart of crypto.
The world financial leaders, centered in London, are scared and need the crypto-market to tank.
Watch and be patient; buy low, sell high.
That said, I am not a fan of the crypto concept and will not “invest” in it.
Y’all can do with your finances as you see fit.
Stick with American ISO20022 standardized cryptos and you'll be ok. If you have European or Chinee crypto dump it now.