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.
This has always been a topic of debate for some time now. While some argue that regulation is necessary to protect investors and prevent fraud, others believe that excessive regulation can stifle innovation and limit the potential of cryptocurrencies.