I don't think the EU will stop attacking crypto through regulations, i understand that they say it is to prevent money laundering and terrrorism financing, but it is also an attack on privacy and very soon it will be almost impossible to use BTC or crypto privately in the EU. The funny thing is that this is happening at a time when countries in many other regions are gradually accepting BTC in some form or degree, i believe we are safe to say it cannot happen in the EU.
Well, the real problem is that removing the privacy and enforcing government control on crypto, removes most reasons to use crypto. If there is no privacy in crypto then one might as well use electronic money issued by the banks in the form of bank debit/credit cards. This kind of money is faster and allows reversal of payments. The only thing electronic money lacks is privacy, which was present until recently in crypto.
So essentially by removing the privacy from the crypto EU is killing it. I am pretty sure that they understand what is going to happen and they are doing it intentionally. They saw that they don't have the technical means to control the crypto, so they are trying to kill it with regulations.