I think it does, and it clearly does affect it. It will not be the same for a blockchain company to be located in a country known for its bad economical decisions and not friendly at all with technologies that favor the anonymity online.

In my case, the government seems to be friendly with anonymity (till a certain point) but I think that's just because it is so corrupted it is better for them that way. The negative point here (besides the social crisis we are going through) is that the government has only taken very bad decisions regarding the economic aspect ever since they rose up to the power and they are proving to be doing the same with the cryptocoin they want to implement considering the security fails it already has.