Some countries don't allow people to invest in ICOs. Why is that? They don't allow ICO that issues dividends and represents the shares of a company, or they just ban all the ICOs?
almost all the countries that matter enough have already banned ICOs or are in the process of banning them. other countries don't look at ICOs kindly and that is because they say ICO is a fund raising and they are raising funds illegally since they are scamming people and return nothing. they are fake people calling themselves "company" which raise a lot of money this way and that is not legal thing to do in any country.