I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
It depends, because each country has different regulations in each country, sometimes there are regulations that are not too heavy on BTC, because they emphasize to their citizens to be careful in transacting using BTC, there are countries that strictly prohibit the existence of BTC for any reason, so for GOOD or BAD returns to each country and the government that makes regulations, because each country is different