What is your take on this and what do you think will make governmental bodies to finally accept crypto?
I think this is very difficult and probably will not happen. I only hear many governments around the world praising blockchain technology, besides I don't see them talking well about cryptocurrency. why? because it is one of the best money laundering tools for sharks that the government cannot control. That's why many governments ban crypto and China is also closing down a series of crypto businesses. 173 enterprises have ceased operations and the next will be more than other garbage businesses.
The government is accepting the use of cryptocurrency there are a lot of countries now are supporting the use of crypto to make their transactions faster and less hassle to transferring money, today they are trying to improve their country by adapting into the technology. This kind of action has a massive impact on the crypto world because they might affect the transaction and lessen the physical money, although it is suitable for the improvement, in the digital world no system is always protected, even the most secure system, and servers got hack by the intruders.