The major reason why cryptocurrency is not legalised in most countries is because of its decentralized nature that is the Government have zero control over it. They cannot freeze it, tax it or since it. And it and it is obvious that the government will never legalize anything they can't control so it is hard for crypto to get legalized.
Which is why I do not understand people that want to sell their coins the movement the government of their country says something bad about bitcoin, what were they expecting? It is obvious the majority of the governments and others that depends on the governments are going to be against bitcoin, this is nothing new, what we need to do under those circumstances is to keep holding our coins because sooner rather than later governments will have to reverse their stance as even they stand to get some benefits out of bitcoin.