It is interesting what does they mean under regulations?
I am sure that nothing good they can imagine. Any state seeking to do nothing and take the most money from the residents. Cryptocurrency will not be an exception. Now they will try to tax the users. After they collect the maximum information and develop a strategy for dealing with cryptocurrencies, they will reject them under the pretext of terrorism or tax evasion.
No they will not reject it, I doubt it. They want their share, that is that. Definitely they will want to follow the US example with its IRS requesting customers list from exchanges to get capital gain tax on it and income tax (depending on how you received your bitcoins, whether by buying or working for them). Also, probably they will want to get their share in VAT by adding it over any transaction that happens with bitcoin.
We'll see, but I am not very optimistic.