At the moment there is kind of flood of scam projects and exchanges and wallets hacking news. All these situations are creating nothing but loss of investor's money. For not having regulations, there is no authority to check the upcoming projects legit. With regulations not only investors’ confidence will increase in crypto market but will definitely attract new investors which will help increasing the entire market capitalization.
What are your thoughts on regulation topic and when to do think its possible to apply? will there be any negative effects to the market as well?