Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
bitcoin can never be regulated by the government because the original purpose of its creation is to make a currency free from intervention from any party, the system can only be controlled by blockchain. But all transactions are public and transparent so if crime rates with bitcoin tend to be small.
The way the government can do is they have to make their own digital currency so they can regulate and monitor it, this trend has also started to be done in some countries in europe.