In my STRONG opinion, crypto regulations will be less to do with destroying cryptos/blockchain tech, and more to do with ensuring that governements worldwide get their cut (taxes). KYC will be strongly enforced in ALL ICOs, investors activities will be targeted at the fiat entry level through the exchanges, and privacy coins will be demonized and targeted harshly. It should be fairly obvious what is coming in the near future, and if you understand this you will see that MOST of the crypto space will not be negatively affected in any major ways. This is what the China ICO ban was about, this is what the IRS/Coinbase thing was about, and this is what the South Korea exchange raid was about.
Taxes, taxes, and taxes, always remember that when thinking about the likely regulations coming in the near future (shortly before or after tax season this year).
I, like mostly everyone else in the world, hate taxes.. However, if this is simply about the IRS getting their cut, I'm okay with it.. My issue will be if they completely try to shut crypto trading down. That will hurt, a lot.
They will only target exchanges that don't follow and enforce wanted KYC rules, ICOs that don't demand KYC rules or coins that can't be tracked... trust me governments secretly love cryptos for the most part, they are just playing hard to get on the surface for now.