The government is trying to make everything under its control, the banks control all the money, and the government controls that banks.
Blocking or restricting is a feature of anything new, new things need time to accept.
The Internet has been a tool for freedom before, but now there are a lot of restrictions on its use, and this will happen to cryptocurrencies.
I do not know why people tend to be controlled? But this is a present trait.
Banks are the backbone of the economy for a country. If banks have huge money in accounts, the economy of the country will also improve, but if they have no money it means that governments have no money for their needs. Now they realize that people put their money in cryptocurrency and it is not good for a country. Their money is going out of the country and it is overall not good.