As crypto/Blockchain tech becomes more popular, mainstream banks and governments will be forced to take action against this emerging industry to stop its growth worldwide. They don't want to people to use crypto on top of Fiat, so we'll be seeing new tactics from said entities in order to destroy crypto for good.
I don't see it that way. There's no way banks will destroy crypto because after all, they have their own digital asset. Why should they destroy it if they can use the blockchain instead as their advantage? Bank fiat payments also improved and evolve. Sending money is instant and just 1 tap. And banks no need to stop people, as people are the ones limiting themselves in crypto.
One of those tactics could be either banning people from trading crypto at a centralized exchange or simply prosecuting developers of a cryptocurrency project.
That's already the law implemented in those non-crypto-friendly countries.
However, at centralized exchanges, the government is profiting from them as they are registered businesses so I don't see their operation will be stopped.
Before devs will be able to launch a new cryptocurrency, they're going to need governments' approval. Otherwise, they could face serious consequences in the long run.
Most later projects who held an ICOs are like that. If I'm not mistaken since 2018. I hope I can name a few if I remember one.
A reference for investors that they are secured before investing.