How does crypto make regulation redundant? If anything it should make it easier, since all the transactions are tracked it's easier to see a pump & dump or money laundering has occurred isn't it?

But since it's not illegal to do that with crypto anyone can/will do it because there are no repercussions. That's why there's a group specifically advertising pump & dump strategies on Youtube.

I know a guy that can't wait to buy the Venezuela crypto just because he thinks it will be huge for money laundering. Not that he wants to launder money, he just thinks that will make it really valuable.