The U.S. Treasury Department has again imposed sanctions on a Chinese crypto platform called Xinbi, which is reportedly providing cryptocurrency services to criminal networks. The old routine continues—regulators have started cracking down on illegal crypto activities again. In the short term, such news is likely to trigger market panic, and Bitcoin and Ether may face renewed pressure. But in the long run, cleaning up industry “trash” is a good thing, and compliant projects will benefit. Remember: once regulatory negative news is fully priced in, it’s effectively good news—don’t be scared off by short-term volatility.#cryptocurrency #regulation $BTC $ETH