Are government regulations biased?

[Findingnemo]

They can't be biased, the regulations to operate an exchange has to be same for all and if Bybit banned or restricted means they are having problems with complying to their laws such as sharing the data or access to other details, so government can be aggressive they don't offer the grace period to make the necessary changes before complying.What governments don't realise is they are going to lose revenue to the government with these actions.

[Aanuoluwatofunmi]

One thing I'm really curious about is government regulations, are they biased based on exchanges? Or what exactly do some exchange break that government orders them to stop operations.

There are many reasons why the government will always go after the exchanges because they know that allowing them to operate in multiple appearance will diminished their own centralized authority and control over the financial system, also the regulation policy implementation is not what they can afford to lose due to the incentives they received from banks as well as from these exchanges, this is what we will continue to face with them but they can't stop the operations of exchanges completely, rather they are scared of lose in power to control financial economy.