It will really be hard in some country to legalize crypto because once it been put into law what the govt first thought will be that people wont have to depend on then to make their own money. At that time too the minor citizens with find their way in making it through crypto.
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Russia already did it.
When other powerful countries accept the crypto then they would have no choice.
India and Russia are a very powerful country.
We are still expecting from other countries too
I heard the news that Russia hold 10% of cryptocurrency and I don't know how true this is but seeing them legalizing it makes it suspicious
The news does not mean it is Russia government that is holding 10% but it means the whole Russia country including citizen
This does not change the fact that blockchain cannot be stopped no matter how those countries fight it so they rather accept and buy or manipulate the price and buy dip
They can't stop people from finding their way in making it already anyway.
Except if they can block every cryptocurrency transaction which is very impossible
Very highly impossible, their fear is that crypto will bring an end to some malicious means of getting fund compare to how they can get it with cash
Even though they don't accept crypto,they can't stop it anyway it would still happen as in people would still find thier way so they would be left with no choice