This is possible and because of that government will have to adopt cryptocurrency so that they can also benefit from people who have crypto on their wallets. Compared to a country where bitcoin is not banned and even the bank regulated one of the exchange wallet so that they can earn money more like a tax but those who use the wallet don't have to pay as the kind of payment for e tax happens when you buy and sell according to the information I got from google and some posts from forum users in this forum.