China is also showing a willingness to regulate what it can and recently they stated this was to protect investors from excesses. Ditto Singapore, Japan, etc..

The G20 is becoming ever more coordinated on harmonizing regulation with each other. This year they start sharing information on financial crimes and illegal taxation shelters activity.

I hope you won't imply again that your backwater country is relevant to what the major axis powers of the world could do to the exchange price of an altcoin project if they ruled it was in violation of common sense investment securities regulation and investor protections.

So the more relevant question is what type funding and organizational arrangements are truly decentralized and which are just obfuscations of a company share structure with escrow agents, board of directors, and expectations from ICO investors reliant on the actions of those centralized parties.

The argument that the token holder is the owner of a software token and copy of the software blockchain which he is free to manage as he pleases (in the words of the Supreme court) must not fail the test of economic reality and common sense.

My post is still forthcoming...