I have only one answer for present moment - we need no regulation now. Because market is small, and bitcoin using not a lot of people. It must be regulated only by crypto community.
Thats right, I think we really need regulation, with regulations many people will know about bitcoin, many of them start to believe because Bitcoin have been legalized, from that bitcoin market will be wider and bigger, of course it will make the market more crowded and prices will increase, many positive effects will come if regulation happen
SEC had already imposed these regulations in some part of the world, there ain't no baking out now. This is going to be done because of the potential scam that arises complains from investors the only question is whether they can truly regulate it because even today they can't do it. If anonymity is the issue of the players in this market, there are still ways not to be part of it but the scams are still there.