RE:SEC - I think you nailed a key issue within an issue; i.e. limitation of SEC resources. Specific agencies being underfunded to do their real job is a standard U.S. finance story. It's usually told in the context of why "good regulations" cannot be enforced. I would therefore expect that a loss against Kin will make any subsequent fight that much more difficult.
Apple becoming the equivalent of a hardware wallet sounds is simply exciting to contemplate. That would yield a type of onboarding that would motivate local businesses to develop means to accept crytpo as payment. It's not hard to imagine a store clerk being asked multiple times every day why they don't accept crypto, with the customer standing at the counter, iphone in hand, ready to pay