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RE: Regulations will ultimately be good for Crypto
The biggest thing is that with regulations credibility will come. Big investment firms can not afford to lose the money of their clients due to hacks or legal issues. Regulation will almost only be bad for criminals who want to launder money. Yes I agree that the initial idea of crypto is being lost but with great power comes great responsebility. It is something that we will all have to live with and that gives crypto the strenght need to become mainstream.
Agreed, and it may force some of the exchanges to sell off some of their holdings in order to meet certain requirements, which also creates weakness in the short term.