I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Of course regulation is always a great thing as it will be centralized and organized and i would say its good to cryptocurrency however Im 100% sure that the organization who will regularized crypto will not let us to declare our asset. Lets face facts, everything in the world right now has taxes and the more our earnings, the more taxes in return. Its gonna be due process as always. Dont you think?