I agree with you because of regulation connected with government. And most of them are corrupted from the inside so they want to have part of our money.
I do not think that is the case.
As you can see these past few years, there are lots of scam cases towards cryptocurrency. Many unsuspecting investors became victim to these scams. So government, in order to protect their citizen act accordingly. That is regulating cryptocurrency and make sure that the company or people behind will be verified so that in case a problem arise, government knows who is responsible behind the problem.