Personally, I don't look at regulations to be a big hindrance to the growth of cryptocurrency, DeFi and even NFTs all because we are not living in a bubble, and we still need to connect to the mainstream financial system. Regulations done the right way will be opening up a bigger market and can even encourage more institutional money investments into this fledgling marketplace. Regulations should not be in placed in order to kill but to stop abuse and to encourage a fairer playing field to all legitimate users and players.