Regulation is inevitable, and it may be good in the long term.
It will give more stability to the market, as those "China ban bitcoin" news will disappear.
But bitcoin cannot be controlled or domesticated by any regulation. They will realize that soon or later.
Crypto isn't really solely created just to be regulated yet this is really fully contrary on its main purpose of its existence but sad to know the reality that
we would really need to follow the path of regulation if we do like for Crypto to be adopted on all sorts. For BTC and other decentralized things its really hard
for them to control and I'm sure they are aware on such thing and that's why they are still blocking it out because they aren't capable on handing it.
Many countries are trying to come up with rules that will regulate the crypt, in my opinion in the end they will succeed, and they do it for the most part in order to prevent the sponsorship of terrorism in the first place as we all know about it Yes, money laundering and much more.
Oh that's why I don't like when something amazing gets popular among people, they abuse it and then governments try to regulate. Wish these people wouldn't be so gossip.
On another hand, this regulation isn't something anyone has to worry, it's good step for them, better than prohibitation. While bitcoin exists, nothing can stop money laundering or leak users' privacy. But also when they talk about bitcoin as a money laundering option, look howbhuge banks like Deutch Bank and others launder billions.