I think regulation is a good thing. Either way crypto wins. Here is how:

1. Markets are regulated and penalties are assigned to (what would become) illegal schemes such as bitconnect or pump and dump groups. This stablizes investments and helps to protect individuals. This would flod those "stabilzed" crytpos/markets with new investor money.

or

1. They over regulate it or they outright ban it. This would moon shot the fuck out of deregulated exchanges and anonymous currencies like monero.

Either way, Crypto wins.