Many believe that regulation is the cornerstone for ICO projects, but do not think that everything will be so simple, because in the case of regulation projects will have to reckon with the law, which will often be a hindrance in fundraising.
Hindrance for some who are not legit, but if the team are legit, they would follow the law and pass the requirements to conduct an ICO.
I believe the requirement is not that hard, the government purpose for ICO regulation is just to protect the investors who are at high risk here.