Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
It's all about control - governments don't like when financial operations are anonymous and untrackable.
Moreover, cryptocurrencies are frequently used for illegal operations like buying weapons and drugs and this gives the governments the additional headache.
On the whole, I support some governments' initiatives to introduce more control to crypto market (especially with respect to ICOs), because otherwise this market will remain as chaotic as it is now.