Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.
Its too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.
What do you think?
cryptos are products of a high technology. no one can stop technologies, precisely technologies support laws. this means no one can kill cryptos except technologies itself. survival cryptos depend on the development of its technology.