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?
Its more than protection of the investors to be victimized by scammers,but its governments benefits is what they are implementing..they have learned how huge the circulating money here so they want to have a piece of cake..but on the other hand this is the only way that cryptocurrency will be safe from many interfering of the governments and any other sectors