very much government got enough problem on their own. right now crypto posses a problem to most of them. regulation could keep crypto problem at bay for a moment before they decide to really deal with it.
If government is supporting and saying that bitcoins is legal then for me its good since nothing is required to make bitcoin world wide all we want just make it legal for all countries.
what if they give the terms of the regulation and the legality they provide, like they ask for verification of your data and you will be exposed? What do you think? is that a good thing? because in my opinion the government will not legalize if there are no consequences for their benefit
If goverments regulate the cryptocurrency then the essence of being decentralized will be vanish, so I think its not good idea because surely if they have power to crypto, we have nothing to do just to obey and follow what laws they given to crypto. But there is also a good side about government regulation in crypto it is the lessen the scam crypto which is the situation right now.