Re: ICO's killing crypto [] Not that extreme. Theyre just going to use the ICO regulation to increase the digital tracking of everything we do:

In December meanwhile, more stringent identification of virtual currency holders who convert funds to fiat will come into being, with the onus on businesses to ensure they can identify customers behind the conversions.

Banks will also monitor unusual cashflow events.

We will start the transaction by confirming the identity of the bank and monitoring the flow of funds, the official continued.

It will facilitate tracking of funds and provide a basis for preventing money laundering such as suspicious transaction reports."