Regulations are necessary to make the crypto market to mainstream and legal tender.
DeFi, NFT, Bitcoin and crypto market will definitely targets of governments to regulate more seriously. I don't think regulations are bad for the market. It is very good because if the crypto ecosystem can be free from scammers by more seriously regulations, it is the better. I know the fact that scammers can not be eliminated forever because they will adapt to regulations.
at least we get certainity with our investment , no more fud that will come from government side. At this moment we often overshadowed with fear that someday they will bann us. there are several positive side from regulation , and we could no ignore it for better future.
Fun fact, Cryptocurrencies will still exist even though how they are trying hard to regulate them. There are too many ways to avoid regulations and let's continue the decentralized nature of cryptocurrency. It's all about financial freedom.
i am agree we still could alive without regulation , but till when we have to overshadows of fear about banning fud ? didnt we see it on binance now ?