Seems like a good idea. It was getting out of control and it's encouraging them even more to create and market 1000000 new cryptos that just saturate the market...
I'm not a proponent of censorship, but I do agree that some oversight and boundaries are needed. It's pretty clear, Crypto right now is both a wonderfully dynamic opportunity fo innovation and wealth creation....AND it's Saturated with BAD ACTORS and scammers, who potentially can damage the industry ina serious manner (LAST hyear's losses to scammers in crypto were in the multi billions.....that's nothing to sneeze at!)
I'm new here and I personally do not want to have to worry too too much about walking into the next big SCAM! lol