It's better not to be regulated... That is why cryptos have been so successful! They are much more than a fad or a good business, they can eventually mean the long-awaited separation between the economy and the state, the same as the state separated from the church as well. For the sake of the cryptos and its users, I hope that the regulations take time to arrive. Although, I do not see how states can regulate something that is so abstract, at the same time cryptos are everywhere and nowhere.