There are reports from various countries about the regulation of Bitcoin and ICOs. In this case, I think that short-term negative winds will positively affect mid-term.
For example, in my country (in middle europe) begun to restrictions against crypto trading in December/January banks just blocks transfer to and out crypto exchanges (based in our country) so we can still say "fuck you" and move further, however from more than 10 banks we have only two which left for our transaction into/out crypto
I think that they just do some things in terms of security for users and still holding their position in the market so they could still earn money. When we see this we instantly connect that to the worst possible news. We can see now adoptions and regulations in many countries today, but there always be that fear that something bad will happen.