Many governments are concern about cryptocurrency and they think it should to be regulated. What do you think regulation and how is it going to effect the price ?
Look regulations are needed but clean regulation , many government regulate only for their own profit that is really bad. You need to pay taxes for what you profit in Crypto because if crypto is not taxable amount , then in fiture one day will come when everybody will invest in crypto to get free from taxes , and that will be very bad and the economy of the country will collapse . So the best solution for all government is to announce Crypto as a legal tender and making it taxable assets but too much regulation can kill Crypto and i dont think there will be any price effect on crypto for regulation as far as regulation is simple not too much complex.