Randy, I am glad you brought this up today. This meeting has obviously got the market in panic mode. The was same market behavior we saw early Feb. (recent lows) when the SEC had meeting. I expect to market to bounce as meeting takes place. There's whales using FUD to manipulate prices down cheap. I expect strict regulations for Crypto exchanges to be announced. The Government will do all they can to strictly regulate fiat gateways. This is in their jurisdiction. ICOs will con't to expand at a rapidly pace but strict KYC/AML enforced. US Investors already banned from most ICOs so that want change ICO demand. As clear regulation comes into Crypto so will the Institutional money that we have all been waiting on. I see the regulation as positive sign, not negative. Next year we could easy be looking at $2-$3 Trillion Crypto market cap. As you know these Institutions have billions of dollars and almost none of them have any Bitcoin nor Crypto. With these platform tokens like ETH, NEO, EOS, ADA all it will take is a killer dapp to emerge for prices to skyrocket. I see these platforms like the next Google but much bigger. 1000's of dapps are currently being built out on these platforms. I could not be more bullish for next 8 months.
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I agree with a lot of what you're saying in terms of institutional adaption. But BTC was originally created as a way to break the chains from centralization and bring sound, honest money for the internet with no boundaries and no central authority controlling it. If we go down this path of regulation, we are giving up our potential freedom from the chains of centralization and oligarchs.
I think @hedge-x is saying that the stage is set and i agree that good regulation, if implemented properly, could be a good thing by cutting down the U in FUD. As @pbgreenpoint points out, the path of regulation may sound contrary to the spirit of crypto but good regulation can be considered a "cost of doing business" which is not enough to depress coin prices.