Just sharing what's going on in the Philippines. Regulations for ICOs has been posted currently at the end train 3 (4 trains total) before it is accepted by the government. Both companies and associations have been very active working with the PH-SEC (yes and they are open for opinions). The initial draft (linked here) was first posted in August this year and it's moving a fast pace. It's estimated to be complete by November.
http://www.sec.gov.ph/wp-content/uploads/2018/08/MC-Rules-for-ICOs.pdfLet me know what you think!
The government is doing it right for the Filipinos as we all knows that scam ICOs are now rampant in the society in which some are using directly the Bitcoin platform just to steal the hard earned money of the people. Kudos to the government and hopefully this will be fully approve in no time.