Some countries have already banned cryptos. But i am not sure behind the reasons. Could you please share your thoughts on the reasons of banning cryptos?
Regards
Most common reasons for the government to banned cryptocurrencies are due to taxation. Crypto transactions are not traceable as of the moment so it will be hard for the government to declare tax on each users. And also cryptos can be use in illegal way which scares the government because the transactions can be anonymous.