While we are discussing here whether the cryptocurrency market regulation is good or not, many countries have already been regulated. First of all, Im talking about how many exchanges, in favor of the SEC, prohibit participation in IEO for citizens of those countries that are on the US sanctions list. I think this is not what Satoshi Nakamoto wanted when he created the first crypto coin.
The FATF (Financial Anti-Money Laundering Measures Development Group) has already submitted the final version of the guidelines for the cryptocurrency market. At the G20 summit, these provisions were supported. Many centralized exchanges have already accepted them. But I think this is a futile idea, because there are decentralized exchanges and the cryptocurrency market well go into the gray P2P selling zone and mixing services
This is going well as expected. There's are several gray areas in cryptocurrency that has to be addressed in other to have a proper adoption. That is why Coinbase is more acceptable to operate in the US market because its open to regulators. I support regulation for cryptocurrency and we all should too. It won't devalue the blockchain or the tradable assets