Banning will just be a backstep for the Country. The max they can do is limit some users but I am sure a lot of users will still deal with cryptos. In fact, the Country will lose on a Majority of Taxes as most people will be evasive if Crypto gets Banned.
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I wrote an article on this topic today. By applying fair and appropriate taxation on crypto earnings, they can bring huge gains to the country's economy. Otherwise, people will hide their assets or move them to other countries and there may be an increase in the informal economy.