In the recently concluded meeting of G20 summit for cryptocurrencies, they decided to wait some recommendations from other countries implementing the rules or regulations for the cryptocurrency exchanges. Regulations can't be avoided and many countries are planning to make their own regulation based on the recommendation. It will be implemented to protect users and investors from scams and illegal use of any cryptocurrency.
I agree for that because we need regulations for cryptocurrency so that we have a good security and protection from hackers and scammers in which we can give less cases and problems, so that it will be more safe and legitimate for those investors and miners in this industry of cryptocurrency.