Approximately the same rules for ICO are being prepared now in Russia. There you also need to first have a certain amount in the bank, all calculations, including fundraising during the ICO, must pass through the bank and a special state structure will control the targeted use of funds collected during the ICO even after it ends. The rules are tough, but this will completely eliminate the possibility of fraud. There it will be impossible to run away with the collected funds, since they will be in the bank under the control of state bodies.