I don't think the govt will wait for elections to ban crypto IF they are hellbent on banning it.
Elections won't have an effect as the crypto community is a small one and it's easy to paint crypto users as a bunch of debauched individuals buying drugs and evading taxes and such.
So the govt can even spin it to its advantage.
Not really because of crypto community but they are busy with lot other things, especially building the temple. Governments can ban anything they want and no one can ask anything about it because whoever raising voice over them will be terms as terrorists groups.