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.
There is no shocking news in that as long as the ICO gets banned from the whole world. Lols. That would be real shock though.
Well, getting the ICO under regulators radar doesn't mean that it's of no use. But it is being done for us, so that we the people won't get spammed as the investors of ICO. Chinese plan is the same as far as roumors are seen on the internet. If the ICO becomes regulated everywhere then it will create a system of justice where we can invest the money with full confidence as we will be knowing that every bit of ICO is true and legit from now onwards. No spams, and only the profit that we can grab after successful implantation of the particular ICO.