I don't get it why everyone thinks regulations are bad. It has is down side but it also has a good side. People don't have to fud everytime a article comes up talking about crypto regulation.
Regulations are in fact needed so that banks will not be afraid to deal with cryptocurrency. One of the fear factor why banks are dropping crypto-related business is because they don't know for sure what can happen next. With proper regulations in place, I think banks will be back doling business with this industry as most of them are all in business for money. Regulations are not bad per se...what we should not wish to happen is the BAN just like what China did last year.