If crypto exchanges had a similar coverage, things would've been better. It'll be up to "crypto lobbyists" to do their thing for the good of the industry. Regulations are constantly changing, so fingers crossed investors will have better protections in the long run.
As far as I know, in order for crypto exchanges to get a license to operate in Japan, they have to able to secure user's funds so in case of the hack or something similar, users are safe. Thanks to Mt Gox, Japan learn their lesson and sooner or later that will come to other markets as well.
Many won't be happy with stricter regulations, but at the moment, centralized exchanges bring worst of both worlds.