Topic: Can US Citizens Participate in ICOs??? - page 6. (Read 1707 times)
it depends in which ICO you wanna participate
I remember correctly the United States has issued the same law ico like Korea and Korea, if the information is accurate then you are not allowed to invest in ico. But not necessarily you have to invest in ico you can make money but there are many other such as trading bitcoin or trade coin on the exchange or invest in projects that your country allows
In most cases ico creator has to ban usa ip,but usa citzens can use vpn or buy after ico on exchanges
It is kind of regulators parody,still not clear rules for ico for sec
It is kind of regulators parody,still not clear rules for ico for sec
Yes of course, if its utility and it's not security token. US citizens can
Can US Citizens Participate in ICOs???
Every coin has an ICO that gathers different amount of coins. If you want to invest in an ICO while staying in that Country, you can try to use a proxy or something.
Most important thing whether US investors participate or not is the way the token sale is structured. ideally it does not have a security character. If it is a security token, the SEC will sooner or later part of your projects. Howey test is a good test to see whether your coin falls into this category or not. But even in some utility token scenarios it is hard to assume that the SEC will be always outside. Regulations change daily and so does any ICO have exposure to that risk.
Some ICo's you can and some you are not allowed too. The coin should outline what countries are allowed to invest.
There are a lot of ICO's that restrict US citizens. The ones that do restrict US Citizens are the ones that are trying to be in compliant with SEC so that they do not get fined by them. The other ones don’t think about the SEC, don’t even think that SEC could reach them, or just don’t care about the SEC.
Every ICO is different so short answer yes and no. But for the most part I think I have seen USA excluded from participating in most ICOs so long answer probably not allowed.
Can US Citizens Participate in ICOs???
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