Govts are the most insecure thing on the planet. And they are control freaks. If they can't define it, they can't control it, and if they can't control it, they go nuts.
If they don't get their money, they shut things down. And the one who pays the most, gets his way. How much do you think the banksters are paying to hinder our progress in the crypto space?
It reminds me of how U.S. residents are often left out in the cold when it comes to most ICOs, because the SEC discriminates against us common folk. But if you are rich (according to their standards), you get a free pass. And most politicians are rich. What does that tell you?
This is likely the beginning of the end of Bitconnect and similar lending programs, for U.S. residents. The banksters will have their way (for now).