I love it when governments ban crypto, they make clowns of themselves and that can only be a good thing, because it makes people respect them less.
People will transact outside of the system, pay less taxes and the nation states will get skinny or perish altogether.
Governments, specially in democracies don't give a shit about respect. They want obedience and we've already seen that when they ban something, regardless of how ridiculous, majority of the population obeys.
As for taxes, the cryptocurrency market hasn't grown big enough and the revenue service's income is not big enough yet for them to really care about taxes. IRS in US for example has an income of about $5 trillion!