Every country trying to regulate crypto and force exchanges to comply with rules is one of the best thing that can happen to crypto world.
It means they acknowledge the existence of crypto.
Yes in the short term this will make crypto market very spiky, but in the future this will bring in a lot of new investors and especially big investment companies.
All those bankers who say that Bitcoin will fail can suck it

in some points you have good outviews,regulating is the best way for us to be acknowledged and leaved by issues,those investors that afraid of putting funds here because of Scam accusations will be cleared and may try luck here,banks will be given much big competition because of our existence in legal matter world wide.so yes this may be great in the future,though at start were fearing of