I'll agree with you that the news was very misleading, for everybody, including the Chinese exchanges and companies. It could have been done a lot better. But a lot of the actions we have seen this week have been taken by the companies themselves, possibly as a kind of pre-emptive measure to safeguard themselves - and you cannot blame them for that.
I'll also agree with you regarding decentralisation. But at what point does that end? So it's ok for Joe Bloggs to launch an ICO for ScamCoin, raise 10 million in a day and then disappear to the Bahamas? Yes, we are all adults, but people do get misled by false advertising, in every aspect of life. At the end of the day, if cryptocurrencies are to be used as currencies, then there needs to be some kind of safeguard in place, just like with fiat currencies. Which is exactly why the SEC in America and the governments in Singapore and Korea are likely to follow suit. Assuming they do, expect the EU to do the same.
As for the rest, well, see my other reply. Does any government care about it's people? If you are so worried about work regulations there, then don't buy that Apple or Samsung phone. Yes, sure, they need to tighten up work regulations, but who exactly is to blame there? The (international) companies are exploiting the workforce to begin with. Just like how Apple relocates its offices overseas to avoid paying any taxes. Perhaps the US government should tighten up its regulations of its own multinational corporations?
no, i think i can clearly blame companies like binance for blocking chinese from even using the site... there was no reason for that.. they had no problem taking chinese IDs and fees... if they suddenly stop chinese customers from using the platform.. maybe it would be best to also delete their Id information and refund them fees. going out of their way to hurt an entire nations population just isnt cool.
you should move to china and experience it first hand before you talk about it anymore... maybe you would feel differently if you were scammed with fake foods... there are many issues in china that are far more important than regulating some baby icos