What kinds of crypto regulations do you support? [SERIOUS]

What are the regulations that exist, or currently being proposed by lawmakers that you support? But more importantly why do you support them? Or alternatively, what kinds of regulations do you not support, and why?

In the United States the current regulatory ambiguity is a net-negative for cryptocurrency and blockchain based projects. Regulators appear to have a very poor grasp of how blockchains work and the potential the technology offers, while also routinely badmouthing crypto as a bastion of money laundering and narco-terrorist financing (despite the fact that 99% of these crimes are committed in regular fiat USD).

Retail investors seem pulled in two different directions: on one hand, we all want to see scammers and fraudsters locked up, but on the other the AML/KYC hurdles and tax reporting burdens are a bar to adoption. Retail investors have to pay capital gains tax on any earnings made, but are discriminated against when it comes to being able to declare losses and get tax discounts.

For entrepreneurs in the blockchain/cryptocurrency space, the lack of regulation leaves a large grey area where the Federal Government/SEC can later swoop in and cause havoc on established projects, and dissuade honest entrepreneurs from taking advantage of building with the tech. The SEC is holding ICOs to the same standard as IPOs making them impractical and dangerous to use for fund-raising. This oppressive environment is stifling innovation and forcing blockchain based companies to flee oversees and geo-fence the entire US population.

What are some pragmatic solutions to this situation?