Why was alchemy banned?

Could you elaborate on the reasons behind the ban on alchemy? Was it due to safety concerns related to the use of potentially harmful substances in the process? Or was it a matter of religious or philosophical opposition, stemming from the idea that alchemy sought to manipulate the natural order? Additionally, was there a political dimension to the ban, perhaps aimed at limiting the power of those who might have used alchemy to amass wealth or gain influence? Understanding the historical context and motivations behind the ban would certainly provide valuable insight into this fascinating topic.