i think that woulde be better so they really filter what is the best ico so all the effort and time will be worth and one also they can monitor how it can really help in the economy of each country because if it will be legalized as will it can be better in the future crypto
I think the reason is people want to increase Trend of cryptocurrencies.More people join it more the value or cryptocurrencies will increase plus they makes projects where people participate and earn money with new cryptocurrencies its gives the profit to developers.