I have no clue how they will decide to regulate this. If they were smart they'd help to facilitate the growth of crypto startups within the country... I'm sure they've been working hard to get this SEC regulation on the DAO token and that token went bust about two years ago. That's certainly an indication for how slow bureaucracy is compared to the advancements of crypto.
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They are not always smart about things, but I sure that this time they are. The U.S. needs to be at the center of the rise of digital assets and digital currency. I'd hate to see that center gravitate towards another jurisdiction because the U.S. regulators decided to be crypto-unfriendly.