you are not wrong, and that's right, crypto also has a huge risk, because its volatility is hard to predict, but on the other side, I think the government feels threatened by bitcoin, they are afraid of losing national currency. so they try to cover crypto.
we have different opinion on the above topic, the main issues are just basic, government financial institution and business world were not ready to totally accept Bitcoin or crypto digital system of transaction. There is a lot of issues concerning allegation on the used of Bitcoin transaction in term of Illegal Nature, that's why they want a total Regulation, Control and even the issue on Taxation of every transaction on Bitcoin in the market.