Recently Brett Sherman was nominated to chair of Investor Protection, Entrepreneurship and Capital Markets. He will surely have the power to influence bills that can get introduced into Congress. He has been incredibly anti-bitcoin and will surely try to pass bills that will stifle the growth of the industry. Also recently BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.
https://www.bloomberg.com/news/articles/2019-12-05/bis-wants-central-banks-at-center-of-digital-cash-revolutionDiscussion: How can they community rally together for what is to come? Are we ready for when governments restrict / sanction any capital flow into exchanges? How prepared are we for these things?
There's sure going to be a solution to every problem. I don't think they will stop the use of cryptocurrency, despite a lot of them are against the use of crypto, there are still some people at the top that are in support of it and they will be strong advocates.
I am not expecting government to ban cryptocurrency, rather they will try to enforce laws on it to have complete control over it, and that's it. They will want investors and users to be paying their tax and in whatever ways they can be benefiting from it.