The SEC's intervention in the crypt bothers me a lot, but this can be a step further this time, unless it's something very strict and narrow, which throws too much of the concept we're looking for. I hope we have news stories related to STO soon, and consequently the whole crypto
SEC must give answer about ETFs untill end of February (this is last deadline). May be after this they provide some rules for STO projects. I think they are ready for this, but not all prject want to follow rules, because 90% of ICOs in 2017-2018 - were scam. So this securoty tokens really will give us some defense.
It looks like we are very dependent on SEC which is a paradox since crypto wants to be anonymous and decentralized but on the other hand, you need some rules to prevent scams from taking over ICOs like it happened last year.