bitcoin is not tied to any party, nobody can control the bitcoin currency because it is global, so how does global regulation work?
For now, things are not that much good especially when it comes to that of the regulation of the bitcoin as the awareness rate of the bitcoin in the entire world is not that much and that it will take lot of time for things to be in favor of the bitcoin.
Global regulation of bitcoin will favor bitcoin the most and that it will help the bitcoin in gaining better reputation and above all, it will result in increase in the market value of the bitcoin.