Now I ask to what extent has the SEC really contributed to the improvement of the blockchain industry over the years past. Recently, binance is under investigation only God knows what the outcome would look like.
Without the SEC, a lot of persons by now may have lost their investment to dubious projects started with the aim of selling poor & short term security to unsuspecting individuals. There's no need for you OP to involve sentiments as i suspect that you maybe love and make use of the services of binance, but the SEC are out to mostly protect customer/user interest and that is their contribution. Authorities like the SEC are contributing to the Blockchain industry by ensuring that Exchanges do not take advantage of the system.