This is bad news for cryptocurrency which affected whole crypto market including BTC. Banning staking in cex is against the decentralization and regulations and limitations will not give any benefit to Bitcoin.
How is it banning staking on CEXes against decentralization? It's against centralized exchanges.
The ban doesn't even target crypto, but crypto IOUs.
The benefit was nothing, the loss was that Bitcoin's price dropped from 24 to 20
Benefits become apparent as the markets becomes more efficient.
There is a lot of ignorance in the space, which creates market inefficiencies.
Once people realize what a scam shitcoins are, they will flock to Bitcoin.
BTC dropped from 23 to 21.5. That's the noise of the aforementioned ignorance. Zoom out and you'll see the signal. Check back in 2030.