Banning crypto is no more effective on crypto itself, it's now more like a pure joke, I would still like to see the U.S embrace crypto more than China, just my own answer to my question, what about you?
This is a low bar because China has a soft "ban" on crypto currency. I have yet to see any strict enforcement or fines being levied against crypto users, but it's not as if China is welcoming of crypto. Anything that isn't overt government ban is more embracement of crypto than what China currently has.
The Biden administration are planning regulations on crypto and it would not surprise me if they introduce CBDC's after the 2024 election if he wins. They're already trying to roll out the regulatory framework that would allow for CBDC's to displace Bitcoin. Don't rely on the goverment to embrace crypto.