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?
I think have two kinds of effect from crypto if the regulation become implementing, first for the good side effect for the implementing or regulation how to control crypto to protect the investor's from the scammer's Is the way to convince people to invest in crypto and the demands goes to high.
second the bad side if the government control bitcoin or crypto like how to control fiat money as currency is not good idea's if this come true crypto are not free for any taxes.