1. Don't underestimate them. If the company is going to serve customers from the EU, then with the adoption of MiCA, a legal presence in the EU and additional licenses will be required. A similar law is being prepared in the United States. Even DAO will need to be registered. Some details here. good review here (EN). Consequently, companies carrying out activities related to crypto assets will have to choose which audience they should work for, and in most cases the choice is obvious. Despite the fact that MiCA has not yet been adopted, some companies have already begun to show their loyalty in order not to fall for secondary sanctions from the 8th package with packages.

2. If you have not yet mastered web3 services, then you should start: OpenSea, WAX Cloud Wallet, Binance and other CEXs are all web2 services that make money on web3 pains. Yes, for sure, there are CEXs who want to enter the freed market and solve the problems of a fairly large audience, but being able to handle web3 is already a vital necessity and we again return to the question: “Is decentralization necessary?”. The answer is obvious.

3. What to do?
Do not panic, just learn new ways and tools to work with crypto assets and diversify risks. Do not expect any comfort zone when working with crypto.

A) Do not store crypto assets in a place from which you do not have the keys. If your crypto assets are stored in a wallet from which you do not own a pair (public and private key or seed phrase), then we can say that these are not your crypto assets. You are only given access to them, and at some point they may be denied.

B) Use to exchange DEX. Even DEX can disable access to the frontend. Learn to interact with the smart contract bypassing the front of the service. It is important to understand that using the application to bypass the front is often a violation of the Terms of Service, just like using a VPN.

C) Minimize the storage of crypto assets in applications. In a special risk zone, applications registered in the EU and the USA. If you haven't yet created basic storage wallets and shim wallets for interacting with apps, then I recommend doing so.

D) Before any action of setting up your secure storage system, think 10 times and check if the seed phrases and private keys are written correctly. Often, access is lost due to erroneous actions during the setup process. They didn’t write down the seed phrase, or they made a mistake during the copying process, or they wrote it to a flash drive, and the flash drive stopped working, etc. Sit for a few days and think carefully about how to organize all this.

E) There are P2P services for exchanging for fiat, and some of them work through an escrow smart contract. I will not recommend exchanging crypto for fiat or any particular service. #DYOR

E) Create a basket of securely backed stablecoins and uncensored cryptocurrencies. To some extent, a compromise will have to be found between decentralization and the risks of depeg stables.

Look for the positives in any situation and evaluate the risks. Of the benefits, at least web3 literacy will grow.