"First, we had the hearings in the US Senate where the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) basically expresed how they feel that the current regulation is more than enough to protect investors, stopping any fear of new regulation that might cripple in any way the use of cryptocurrencies in one of it's bigger (if not the biggest) markets of the world."

Did you even watch the Senate meeting? This is completely incorrect. Not only did I watch the entire hearing but provided a full synopsis on my blog. Both the CFTC and SEC agree that greater regulation is required in order to protect investors; however, both are currently limited in what they can do to regulate the market. The SEC can ensure ICOs are registered and compliant with securities laws and the CFTC can educate the public and take civil action against fraud in the commodities aspects of the market. Both are set to reconvene with the Senate after discussing what additional regulatory powers they require. The Senate also expressed numerous concerns and a desire to seek further regulation. The hearing did not result in new regulations as of yet; however, the overall sentiment was that more had to be done. Greater regulation that protects investors is actually a good thing for helping cryptocurrencies make it available to the masses and stabilize its volatility; however, you saying that both the CFTC and SEC agreed that nothing more should be done is completely inaccurate.