Cryptocurrency regulations must be international and I totally support the regulation due to massive numbers of ICOs are into the market that some of them are bogus and even worst scams.
People should invest into ICOs that earned certifications and passes the regulation standard in order to eliminate bogus and fraud scams.
No people should do their homework before investing or they shouldn't do any investing all. Before professional poker players or punters starts to play on unregulated gambling site, they try to estimate the risk of site running away with customers money or risk of losing money to cheaters and so on. Because in the end, it doesn't matter whether you lost money because you were cheated or because you were just not good enough. The only thing that matters is your expected winrate all things considered. It is exactly the same with ICOs. It doesn't matter if you lose money because ICO is a scam or because team is incompetent and unable to deliver working product. The fact that lot of ICOs might be a scam should make you more selective, that's all.