Regulation is good! It just depends upon the purpose of regulation. If the regulation is all about the improvement or equality of the people, then I am agree with that. However, most of regulations made by government are annoying. Annoying in a reason that they maneuver the mindset of every people because if we won't follow them, we will execute by the law.
In the future we will see that all the governments in the world will regularize and legalize cryptos because it will be the only usable currency in the world. Bitcoin will lead crypto and will take over the market in the future. Governments will have to accept and regularize bitcoin as their legal currency. They will also impose tax and I think it is also good for the economy of a country.