Asian nations such as Thailand are wasting no time in preparing their economies for a future that involves crypto assets. China is full steam ahead on blockchain technology, and Thailand is making plans to open up further to the digital asset industry with amendments to existing regulations.
https://bitcoinist.com/thailand-sec-to-tweak-existing-crypto-regulations/I think it's very important for developing countries like Thailand and some other Asian countries to take notice of crypto-currencies, especially since the advanced economies are now looking at blockchain technology since they've reached an impasse with their development.
I like this approach, it's nothing that is extremely intrusive and disruptive, but it makes sure crypto-businesses are subject to the same things that other companies would as well, and I think this completely solves the scam ICO problem.