In a recent CNBC interview, U.S. Congressman Brad Sherman openly expressed his hope for the end of cryptocurrencies, a stance that will ruffle the feathers of crypto enthusiasts. "I hope so, don't think so," was Sherman's succinct response when asked if the ongoing crackdown signaled the end of cryptocurrencies in America. His caustic comment follows recent regulatory actions taken by the SEC against major cryptocurrency exchanges, Binance and Coinbase. The Congressman, who is well-known for his anti-crypto stance, took issue with the idea that cryptocurrencies could benefit the economy or consumers, stating that their primary use was to evade the U.S. government and sanctions.
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https://u.today/is-this-the-end-of-crypto-this-us-congressman-hopes-soLet's assume US banned bitcoin (which is not gonna happen) which means it's the end of cryptocurrency? US should wake up from their dreams and US is not the entire world and it's a fact that they are on the losing side of powerful economy. China banned bitcon but people from their are still holding most of the bitcoins because they used to be the early miners.
US making a lot of money from taxing cryptocurrency and all other business regarding cryptocurrency so what could be the valid reason to ban the asset instead of who committed the crime.