The US government and the cryptocurrency market are having a lot of ups and downs, and it seems like they're headed towards a very important conflict. This conflict will determine the fate of many people and companies involved in cryptocurrency. They might have to shut down or move to a different country.
It's a huge game of chicken. No way does the united States want to lag behind in the tech sector. The crypto sector is only growing and if you aremt on board you will be left behind. Especially with the tense geopolitical pressure in the world today, any edge is a good one. No clue why any country would fade crypto at this point.
It has previously been rumoured that a number of wallets on CoinBase are owned by government organizations. I think they are not lagging behind in the technological aspect, but on the contrary, they are keeping pace with the times. They just want to squeeze as big a piece out of this sweet pie as possible.