One of the reasons why some governments banned Bitcoin or cryptocurrency is that there is no clear or exact law or provision in their constitutions stated therein that governs cryptocurrency, apparently, no government has seen this crypto becoming mainstream and when it did, the only solution they are considering is to have some regulations specifically exchanges and other programs like multi-level marketing that might involve Bitcoin. So I think regulation is not bad at all for it will further create confidence among the investors and users, also its legality cannot be questioned.