I support the move for regulating bodies for Altcoins,some of these measures will be intended towards protecting consumers, for the sake of  fraud which is rampant in the cryptocurrency space. With so many new coins springing up every day. Scams have already cost some investors a lot.  Furthermore, the majority of ICOs fail  either because they’re fraudulent, fall short of funding targets, or don’t deliver on their intended purposes. Right now, anyone can write a whitepaper and make millions from underinformed investors. Regulation could put key barriers to entry on this field, crack down on price manipulation, and protect consumer investment from fraud.