It's due to the local rules, few countries don't allow crypto without passion all local rules. And few banned crypto until they have some regulations in place
Exactly, Some of those countries are really afraid to crypto because it can take their position in the future that's why they are trying to control it now while it's early.
That's mainly because of money laundering cases. These countries will slowly accept crpto, but for now they are working on some rules and regulations.
Yeah, I don't know if it's a good idea if they will going to have an authority or rights to put some regulations to the crypto because I think it will help the crypto to grow more at the same time afraid to happen this because they might manipulate even the crypto specially those exchanges by giving a lot of rules and etc.