Though its easy to see why governments would want to regulate the movement of digital currencies, the reality of doing so is much harder. A lot of wallets have no identification to them and rest on a server in a third party country. In the case of offline wallets in devices such as the Ledger Nano, theyre not connected to any network.so is it possible to regulate ?
As you can see the government has found many ways to be able to control Cryptocurrency but this is not possible, so the government has issued the ban. I do not think there is anything that can help the government intervene and control Cryptocurrency.