The "right" regulations would be all the new rules that remove the anonymousy of btc transactions.
"Know your customer" policies and ID verifications would become mandatory for all online bitcoin wallet services and all exchange platforms.The harder for criminals to stay anonymous ,the better for the bitcoin community.I know that a lot of crypto supporters hate the KYC regulations,but there`s no other way to reduce the crimes and fraudulent activities with btc involved.
the first bitcoin weaknesses are the absence of regulators, all free to use them from different countries, because this is the bitcoin is often a form of crime theft because it is a very big value, and the function of government regulate or must be the rule for biicoin to avoid this crime.