Regulation in the cryptomarket can be both a good thibg and a bad thing. It is good because once the regulation starts on a specific region then rules and regulation can be implemented to help users, investors, and even the developers to be safe from uncertenties in the market. On the other hand this regulation can also be exploited to the loop holes of the rules to benefit the few.
I think that government regulation will certainly lead more to a negative situation in the cryptocurrency market. In fact, these are 2 different objects of opposition.
I do not think that regulation will fix the situation in the world of cryptocurrency. Because this world should not obey anyone. I think that they are not needed. Is that reduce the number of scammers.