I don't see how this might help much
The regulation imposed isn't the major issue
Cause they might implement friendly to encourage growth.
The issue is using Bitcoin to service their debt.
We can see the danger of countries owning Bitcoin in the market and selling.
Worse case scenario it might cause a chain reaction
When this country see the other selling
They might want to too, not to be the bearer of a loss.
If only the various countries could check and balance one another in it, then that would be better
But that's just wishful thinking.
The more people who own Bitcoin, the less of a problem selling will be, besides, governments can use BTC <-> BTC transactions on the blockchain between countries which will not affect the rate; 1 BTC is always 1 BTC.