The world of cryptocurrency has its fair share of individuals who engage in criminal activity (just like in the world of fiat currency). A growing number of countries are slowly but surely learning to accept the fact that blockchain technology is here to stay. Governments can either learn to accept the changing face of fintech or get left behind.
The government of South Korea learned to accept the use of blockchain technology, but applied very strong regulations for its use to mitigate its abuse by criminal elements.
South Korean government officials, at the recent Deconomy conference in Seoul, stated that it was time to re-evaluate the countrys regulations for the use of cryptocurrency and blockchain technology...
https://www.bitcrypt.co/south-korea-relaxing-cryptocurrency-regulations/We couldn't change the fact that we are becoming so advance in technology and blockchain is going to play a big part on it and they should accept it or be left behind,
And it seem's like there are already so many country that choose to accept it instead of being left behind.