They can but I don't think a country is very likely to go 180 on their crypto views. Sure, China has flip flopped a lot in the past but my point is, I don't think a government will go from encouraging crypto startups and providing incentives to banning them or something like that.
Yes totally agree, I think state is assessing its potential and when it has some kind of politics it is more or less constant.
But on the other hand, as some people have said, it just doesn't make sense to not want to be involved in the crypto scene altogether by some governments.
There is potential and profit to be made in there, but they don't seem to want to get invovled.