Will regulation strengthen crypto? Or will it kill it?

The spirit of decentralization and freedom from third-party control has been around since crypto was born… but now more and more countries are starting to regulate the crypto industry, from KYC, taxes, bans, sanctions, and so on…

This raises a question in my mind: will this make crypto safer and more trusted by the public, leading to faster mass adoption?
Or will this actually kill innovation in crypto, as every project must comply with regulations?

Do you think the future of crypto is stronger with regulation, or is it better to remain as wild as it is now???