From a purely practical point of view, some regulation is always necessary because governments will insist on it. But most regulation helps large entities at the expense of small ones because large entities can better afford its cost.
At the same time, monopoly systems make it difficult for groups and individuals to go outside of existing procedures. By arguing that less interference is better than more, this publication explains how regulation might be changed and even reduced (as it should be).
Much of the dedicated blockchain press is at least neutral regarding regulation, which is odd considering the initial bitcoin crowd came on board in part because of the libertarian nature of the money.
A welcoming or neutral attitude should give way to watchfulness at the very least. Read Blockcitynews.com for a different take on such approaches.