There is no reason to banned the crypto. Right?

[sajjad.uc]

The government really don't like cryptocurrency. For some unknown reason, the government is banned cryptocurrency in my country. It feels really odd because in my country there are not sufficient jobs for many graduates students. Now almost 50% of jobless people are living their life by the grace of crypto. And now our stupid government banned the crypto in our country?
Does it make any sense at all?

[qazgroup]

The governments all around the world are not fan of crypto due to following reasons:
Crypto challenges the corrupt traditional financial and fiat system.
Crypto is not trackable due to anonymous and nameless transactions.
Governments are not able to tax crypto holding, trading profits or revenue generated.
Although some countries have already presented the pro crypto regulations legalizing the crypto andits trading but we need such laws globally.