Regulations will help keep a certain standard and protect the users as well as investors in case of any negative experiences such as technical issues or scams.
This is the need of time for developers of bitcoins to establish a rule book that can be used as a guidance for the whole population who is using bitcoins. Scams are ruling everywhere that you cant trust any website or exchange even they are recognized or trusted. Still some loopholes are open to hacker and they start working on them. So to avoid such disturbance, rules must be implemented.