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?
In my own humble opinion regulation is badly needed in the crypto space to help curve the fraudulent activities. since it can hurt the cryptocurrency market and also bring negative publicity to the cryptocurrency space and may result in low investors confidence, thats why it needs to be implemented as soon as possible.