Government does not want to let its citizens lose assets. because crypto is different from stock market. price is very fluctuating.
and also they still assume anonymous payments can be used for transaction for weapon , drugs and illegal thing.
so they still have not provided the regulation. this is based on major facts in my country.
But in some countries, especially developing countries, the government just wants to rob your assets. They rob publicly, lawfully and as much as possible. they are really bandits
I'm not so sure there are countries that want to take advantage for their own. everything for sure is for country and their citizen it self .
I agree about your point. Here in my country also there are only few banks that accepts transactions coming from crypto and bitcoin, but the fact that there are plenty of them doesn't support the idea, the worst case is that you'll get your account frozed or you will be questioned with your assets. Lots of rumors and reasoning spreading here in our country but the most common is that it is scary because it has been used as means of payments illegally and because it fluctuates so much.