many countries believe cryptocurrencies will increase money laundering mainly in India the arguments are going in the court hopefully they accept crypto in the coming future
The decentralized nature of the crypto currencies is something which is a serious threat to all the government officials as this will not let them control these digital currencies just like the way they are controlling normal regular currencies. The government of different countries is still looking for the right time to take any such step as they need to be sure that this will help in growth of their economy.
It's hard to make them believe in Bitcoin, the Government still fear the Crypto
will make countries slumped due to be much happening cases of money laundering.