Currently crypto is too free to make it easy for anyone to make coins or tokens, unfortunately because it is too easy to make tokens or coins it is widely used for scam projects, strict regulation is needed to ensure that projects are not used for criminal acts.
In this context I agree with the purpose of making regulations for crypto, sometimes what worries me is, if the government gets too far involved. So it can undermine the decentralization that is the nature of blockchain technology. What do you think?