Every Goverment that Bans Bitcoin/Cryptocurrency in their country always states the primary reason for Ban. That Bitcoin/Cryptocurrency are used for Cybercrime activity such as Terro funding, Money Laundering and etc.
Most of these allegation have not been proven. A new report suggest that they have not been used for Terror funding in Europe. The 72-page long study, titled Intenet Organized Threat Assessment 2018, thoroughly touches upon the various modules of online crime.
The report states that Terrorist main funding still stems from conventional banking and money remittance services,
Source -
https://www.ccn.com/bitcoin-hasnt-funded-any-terror-attacks-in-europe-europol-report-reveals/Do you think that Reports like this can pressurize Goverments to remove Ban on Bitcoin/Cryptocurrency?
All the countries that have come up with those excuses of banning bitcoin are doing it for two reasons:
1. Economic systems: countries like China comes to mind in this case because that is their modelled economic system where government control of every aspect of their citizens life.
2. Laziness: countries that have not been able to get a breakthrough in up-to-date technology believes that the best way is to go the banning way because they don't want to add the challenges that comes along with crypto industry.
I believe that the narratives are currently changing about the use of crypto for terrorist activities and this is made possible with the massive KYCs by reputable organisations operating in the crypto space. Its now on us as participants to continue with the good narratives and focus more on the good ones rather dwelling on things that drag the industry backwards.