Regulators do what regulators do, make stupid regulations that regulate people who wants to be regulated. Did regulations stop internet piracy? No,
it just got worst when the regulators got involved. They took one Torrent site down and 20 popped up in it's place. What do you think will happen
when they start going up against Crypto currencies? You will see more anonymous (decentralized) technologies and it will even be more difficult to
take them down. Making something illegal, does not stop it, it just gets more attention and more people using it.