Limitled regulations won’t be bad for the cryptoworld. It will make it more mainstream which will attract llots of new investors.
The government already know that they cannot control it. Look at the FUD from Asia, which each time is denied by officials.
Governments have a task in protecting the people to a certain limit. They did it with the banks, they are doing it with the pension funds in Europe and so on.
The word which is important in my reply is limitled.
I do have strong believe in the technology, but there are a lot of useless coins. Which on itself is a scam and does harm to the cryptoworld.
Maybe they cryptoworld should try to regulate itself, which will downside the potential influence of the governments.