--snip--
and we have more cases of scam that are causing people to stop trusting cryptos
This has now become a fight between slavery (that Governments are trying to impose by showing their power) and our freedom and democracy as well as anonymity that we want to maintain in our finances. It's true that they might be in trouble if people stop paying taxes for their country, but the thing here is, we want a few strict regulative norms that need to be followed by their citizens to remain under the law and do every legally, but then, it will completely isolate the purpose of using crypto, i.e.; anonymity.
I've read somewhere on this forum only (don't remember exactly on which thread) that every country has its own SEC and it depends on whether they approve for such ETFs to be traded at their place or not, so having just one country/continent support crypto won't be enough to cope up with the tight strain that's chopping the hell outta people.