Will crypto oversight legislation be needed in every country?
Bitcoin is known to be used for money laundering and illegal activities, we can't deny that, and actually, the government is hate all about that things, they think a cryptocurrency is a threat for the country. I believe as soon the cryptocurrencies is getting a lot of attention from a country mainstream, sooner or later the government will regulate it.
Agree with that bitcoin can be used for illegal activities but stopping bitcoin doesn't end the illegal activities in any countries so the governments need to stop the illegal activist and other stuffs who is involving in the crimes rather than banning bitcoins which is helpful for many people to earn good money.