Crypto Currencies is facing local law policies many where: Local law can be a barrier for many countries to accelerate the blockchain industry. I read the sentiment of many people where the bitcoin or concurrency is not legally authorized but they are very much excited to use this technology. I think, a global revelation only can bring those countries to be inspired.
Many country wants blockchain industry and many country doesn't want it to be their technology but when it terms to the local law if it would be focus on blockchain technology and bitcoin then it would be a problem because there are some country that accepts bitcoin but do not want blockchain technology and the other side was they want blockchain and they don't want bitcoin. If this would be implemented then there would be some restrictions about using blockchain and bitcoin. Because there is some country who are legalizing bitcoin and not legalizing blockchain.