Possibly, we can put it this way – Bitcoin is still legal in many countries and illegal in A Few countries. Truth is most countries are simply sitting on the fence on the Bitcoin issue. Until recently when the Nigerian government came out openly and put a ban on it, it sat on the fence. Howbeit the ban, Nigerians haven't still relented on trading in Bitcoin/cryptocurrencies and rendering the ban of no effect. Whether legalizing Bitcoin or not, people will continue to trade and hodl it. In fact, for the fact that the government is against (without any cogent reason) is what has drawn more attention to it. I think I like regulation for the crypto industry, provided it won't be one that will strangulate what Bitcoin/cryptos stand for. Otherwise, Bitcoin is better left the way it's.