All countries have different approach toward cryptocurrency. We can expect some to join in banning crypto while other countries will regulate it especially the ICO's to protect their investors.
Yeah, a lot of countries are just on the sideline and watching things with some few warnings on the citizens being careful, while some are being very careful to even say anything and most countries are seeing how they can benefit from regulating. Very few countries now who are reacting based on the threat that decentralization has brought and have the power to just ban anything are the ones doing so now.
There will be a lot of future in the cryptocurrency market and I am very optimistic about that. We have gotten to the stage where a lot of people are adopting it every day and the governments are having the mindset that, if we cannot beat them, and since we have the regulating power, let us join them and get a lot of benefit from it as well. There is so much to the cryptocurrency market but only those who can see the future will see the real deal here.