I am more or less interested in this statement. Actually the fact is Government has always been slowest decision maker, but that is for a reason. For example : They may need to think very much futuristic, that is they need to predict what may go right and wrong if they do allow such non-conventional system to take over the current traditional banking sectors.
Futuristic? Really?
They had more than 8 years (if I'm not wrong, BTC recently turned 10 which means crypto world can now be said to have crossed a decade) to learn and understand, research as well as measure the risks and positive as well as negative sides of crypto, why are they interfering now only when everything has already been set up and they're only trying to show that they did this for us and that we're nothing and/or go nowhere without regulations?
May be everyone is trying to set up and plan a system that will be well regulated for the sake of banks and crypto as well.
Do you really think they're going to do everything for your and my good? No, they are going to do everything for their own good as it's their business, yeah I said that right that it's their business to present it that they are helping us in order to have the supremacy maintained because that's when people like us will say that "Our government is too good they're understanding what we're trying to convince them for".