Recent news of the imminent closer of many Chinese exchanges is the direct result of them dealing in ICOs, I've been shocked for the longest time other countries have done so, allowing ICO's to fly under regulators radar, however its only just a matter of time.
No. Thats such an overstatement!
China do not want their money to get away from country, thats it!
They are concerned for their economy.
Also I think that only country which can get away with this is China because of their strict other regulations. in other countries one would just go around this prohibition.
I'm trying to understand why you ignore the fact that several nations have warned of a future crackdown coming for ICOs, including the USA, UK, Canada, Hong Kong, and Singapore.
It seems you're determined to promote illegal investment securities and MLM scams, because of your insatible desire for greed at the expense of luring ever more greater fools into the irresistible bubble (because no one wants to be left behind while everyone else is making oodles of money promoting empty bags to the next set of greater fools).
Because humanity can't resist greed and MLM scams. And this is why a world government will be imposed on you fools, because humans can't self-organize and control themselves as individuals. IOW, a tragedy-of-the-commons.
Nevertheless for those who are smart, we'll try to save crypto, offer a better and more sane direction, and try to bring real use cases to the masses while you fools go fall off a cliff into jail and destruction.