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?
some of country giving permission to cryptocurrencies and ico and some of the other country is forbidden. the government give their protection to their citizen to not getting scam by the ico which can not proof the legality of the project. many of ico which has been launch need to have advisor team and financial fund to protect the fund from the investor so they can feel safe. the country and the government is only want to protect their citizen from the programs that want to running the investor money.