I get absolutely maddened when I have to deal with this. All it does it make the rich richer and keep the poor poor. Look at the data on ICOs. Nearly ALL of them profit insane amounts after release. The SEC banning people is not to protect them. If they cared they would allow people to invest and get ahead because there is VERY little risk that you will loose money in an ICO if do minimal research. Penny stocks are FAR more dangerous than crypto. They allow anyone to participate in penny stocks? The SEC does not give a F#$% about you losing money. They care about you making money. Hence, why they get involved only when the numbers start to get big --growth numbers not loss numbers.
Topic: Are persons from USA banned for participating in any ICO? (Read 242 times)
It's not only ICOs, American citizens aren't allowed to open certain bank accounts either. Many companies don't want to deal with the USA's strict regulations.
If you Google this same question, it gives you more details: Why Can’t US Citizens Participate in Cryptocurrency ICOs?.
If you Google this same question, it gives you more details: Why Can’t US Citizens Participate in Cryptocurrency ICOs?.
certain bank accounts are something physical, but cryptocurrency is something digital, so how do governments know if someone has any account or any digital coins? How do they want to control this?
You are allowed to buy bitcoin or ethereum on Coinbase from the USA and can easily invest it in an ICO, but who will they track you?
Are they banned to do this?
or are American companies not allowed to raise money for their projects via ICO?
or are American companies not allowed to raise money for their projects via ICO?
Companies can raise funds by ICO. Only accredited investors worth over 1 million dollars who are U.S. citizens or residents may purchase ICOs. Regular people are not allowed as the SEC has declared them unregistered securities. To protect you from yourself, your government has banned you from participating.
But, is this banning people from the USA to invest in some ICOs and then spend their online/digital cryptocurrencies in the digital world? If someone will ever exchange it for fiat money, it will be tracked but before that, it is not possible and he can do it, or not?
Otherwise, if such cryptocurrencies are banned in the USA, why some big guys like CoinBase are allowing people from the USA to trade with Bitcoin and other altcoins?
So you mean, if a company from the USA wants to raise funds via ICO, it is allowed, but is not allowed to accept regular normal people to invest in their ICO? They only can accept participants from Europe or other countries where it is allowed
yes, many ico projects banned people from countries where limited crycoins. not only the USA, people in china, Canada, north korea etc.are also banned by some projects, especially those require KYC.
It's not only ICOs, American citizens aren't allowed to open certain bank accounts either. Many companies don't want to deal with the USA's strict regulations.
If you Google this same question, it gives you more details: Why Can’t US Citizens Participate in Cryptocurrency ICOs?.
Then that would make us slaves.... true.If you Google this same question, it gives you more details: Why Can’t US Citizens Participate in Cryptocurrency ICOs?.
Don't forget the.....UNITED STATES....is a corporation.
The USA is a country.
That is why the US users are requesting others for KYC through other country users by giving charges
It's not only ICOs, American citizens aren't allowed to open certain bank accounts either. Many companies don't want to deal with the USA's strict regulations.
If you Google this same question, it gives you more details: Why Can’t US Citizens Participate in Cryptocurrency ICOs?.
If you Google this same question, it gives you more details: Why Can’t US Citizens Participate in Cryptocurrency ICOs?.
Are they banned to do this?
or are American companies not allowed to raise money for their projects via ICO?
or are American companies not allowed to raise money for their projects via ICO?
Companies can raise funds by ICO. Only accredited investors worth over 1 million dollars who are U.S. citizens or residents may purchase ICOs. Regular people are not allowed as the SEC has declared them unregistered securities. To protect your from yourself, your government has banned you from participating.
Are they banned to do this?
or are American companies not allowed to raise money for their projects via ICO?
or are American companies not allowed to raise money for their projects via ICO?
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