No doubt about the future of fiat money: it's gonna be replaced by cryptocurrencies.
But does virtual money need a REGULATOR?
No, cryptocurrency is not able to replace fiat. National money of the states will continue to exist for a long time in the foreseeable future. In any case, no state will ever give up its national money. And the population of different countries is not as fast and not as massive as many people think, they will switch to the use of cryptocurrency. So far, as long as there are states with conflicting interests on our planet, until then there will be national money.