I don't know if anyone is thinking the same thing, Banks are collapsing and they want to regulate crypto? How is this going to be possible? How can a corrupt system brings a transparent regulation to the crypto space? I think that this regulation is a FAD, the aim behind this regulation is not about saving mankind from crypto rug pulls, I think the plan is to squeeze the life out of crypto because of the attention its getting.
If anything needs regulation, it is CENTRALIZED EXCHANGES only.
I don't think about it now even though there are banks that have collapsed, because crypto cannot be regulated like a bank whose system was deliberately set up to be regulated by state regulations. Yes, a centralized exchange can indeed be regulated because some of the local exchange parties do operate more securely after paying taxes to the state. So I don't think that it is being regulated by certain parties now because it is indeed not suitable for a corrupt system to be implemented into crypto.