Screw regulation. Correct me if I'm wrong here but wasn't bitcoin created to circumvent all of this regulatory BS? Why in the hell is everybody pushing for regulation...it makes absolutely no sense to me whatsoever!
I suspect many in the business community or BTC startup outfits are the ones that are content w/ certain regulations to legitimize this new arena of finance/currency. It's not like the blockchain itself is regulated because it kind of does its own thing independent of the rest. But in order for average people to feel safer using a pioneer technology for payments when they have other/older options, perhaps some of these regs will help crypto come on sooner rather than later. The true libertarian/anarcho caste is quite finite at this time but the peripheral possibilities w/ a little extra help are boundless. I'd prefer private regulations but banks and businesses operate on a different level these days.