Under regulations mean that they would be keeping a very keen eye out on any developments on bitcoin that could possibly affect the best of their interests. In short, they are slowly trying to get bitcoin inaccessible as possible to the people of their countries so that they could still control their citizen's money without them knowing and being the "good guy" in the eyes of the people. Harsh regulations would be imposed, if not outright banning of every bitcoin trades possible. If they are afraid of speculation risks associated with cryptocurrency, why wouldn't they ban penny stocks since it also carry the same risks like bitcoin?