I would love to see a global/industry standard/framework for ICO regulation. A simple guideline for participants to safely and legally contribute to an ICO is definitely needed. Bancor seems to be on the right path in regards to this. The reality of the matter is that companies need to conform to the legal rules set in place by the country of residence if they wish to succeed. Perhaps a foundation would be the best way forward as they would have the capacity to lobby on the industry's behalf in countries that ban or severely regulate ICOs.