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.
In my opinion, this has been happening for several years. In fact, there are other governments that want to fully control cryptocurrencies, which is impossible to happen in reality. It is possible for cryptocurrencies that are under the centralized-based concept, but purely decentralized cryptocurrencies cannot happen.
That's why the scenario that other governments are doing will never go away; they won't stop until they get what they want to control it, and they also can't stop the innovation that is happening in the crypto space. These are facts known here.