Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
Actually it is, south korea already did that bitcoin go under regulation of the government. It is a good move at the beginning, when all of the Country in the world already do the same, then the prices will be going up again, people will get back their trust into bitcoin again. here is the thread which is telling about Regulation
https://bitcointalk.org/index.php?topic=4627360.0