I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
Here the regulation that you say like KYC and others to prevent misuse from criminal or illegal actions are clearly good, because I think many people are afraid of plunging into the world of crypto ie one of them is that they think that cryptocurrency is used as a criminal act, so this is a solution for them, but on the other hand as users of freedom to transact rather disturbed because they have to bother preparing data themselves.