Most Politicians have no clue about anything apart from making money. Regulation of cryptocurrency is being spear headed by uncle sam! The entire economy of the world lies in wall street and they would do everything in their power to make sure cryptocurrencies are screwed.
The increased usage of cryptocurrencies would drastically take away their power of controlling people and that's why they want to regulate cryptocurrencies.
P.S: Please change your name. If at all you decide to keep the name then never post shit. (Nick is a legend here)