If it's true Japan will become the only country where ICO will be legit. Plus EU, but they are not define their position yet if I'm not mistaken.
in other countries things like ICO are already illegal bro.
the only reason you never heard of it is because the news didn't make it big and everyone usually enjoys the China news no matter if it is true or false. and if you look at all these "Korea" news all of them mention China one way or another