Difficulty in regularizing cryptocurrencies in current governments

[Kweek]

The trend of hacker attacks on cryptos and why many governments don't accept cryptos?

[smart_oa]

There are certain reasons why govt do not want to give crypto the status of a currency. Mostly they are blaming that money laundering will be easy through crypto but the main reason is govt will have little influence over their people's funds. They will not be able to freeze someone's funds if they want to and in my opinion, this is the reason behind their disagreement.

[TomPluz]

I am not sure what you are referring to by "regularization" but I guess it has something to do with many cryptocurrency as common and accepted by a lot of people including regulations by the government. This is not really surprising why up to now, we are still largely under the power of the fiat money...and it is because people are still hesitant with many afraid to be getting into cryptocurrency most especially since many are hearing many biased news against this industry. Right now, in exchange for allowing crypto to flourish, many countries can be on the verge of regulating things...and of course there are some disadvantages as well as advantages to this trend...but in the end we can see the hand of the industry gaining the upper hands.

[wilkine]

It's to give a better control for goverments not the otherwise