I also believe whatever bad is going on in the good crypto market, be it scamming or hacking, regulations may help. And it is high time controlling such hacking and scamming to retain the good image of cryptocurrency. Many people may think regulations will affect the market. Yes it will affect, but only for short term. In the long run, it will help.
From it's positive points of views, regulations will help those who are not interested with this industry due to some obstacle that interfere for them to
invest their money, with regulations they will be attracted since hacking and scamming will be lessen in such manner, in the long process newbies will
step in and start trying to make something from this market.