Topic: how does an ico work now with new legal requirements? (Read 157 times)
Actually this is good for suppressing the number of ICO projects that appear on the surface, because with so many ICOs appearing, investor funds will be divided, making it difficult to reach the target. There are advantages to the new rules that make it easier for us to choose potential ICO.
At present, there is no specific supervision and implementation measures. I think the qualification of ICO projects involved will be reviewed. In addition, KYC certification of participants will be required.
I do not know of any global legal action in the works which plans on regulating ICOs.
The Security and Exchange Commission, SEC, exercises a degree of control, but that's is hardly a new story.
Regulations would surely be ideal to protect investors, but there would be side effects as well.
The Security and Exchange Commission, SEC, exercises a degree of control, but that's is hardly a new story.
Regulations would surely be ideal to protect investors, but there would be side effects as well.
How does an ICO work now that regulations and laws are being passed to regulate the industry?
How does someone run an ICO now compared to before?
How does someone run an ICO now compared to before?
I guess you are pertaining to the SEC's actions right? if so, it would be beneficial and in some point, not. It may not be beneficial that Regulations will just used imperfect ICOS to gain money for a violation that might not even true. But the best thing is that, regulations will make the market more safe and secure.
How does an ICO work now that regulations and laws are being passed to regulate the industry?
How does someone run an ICO now compared to before?
How does someone run an ICO now compared to before?
Probably a huge blow in the ICO sector. This will limit the ICOs that participate and spawning everyday. There is an advantage since we can identify some serious and fake one but the problem here are the strict rules imposed in accordance with the law and it will break what you called decentralized.
So what if a crypto had privacy / security / scalability so that no matter what , we couldn't decrypt them even if we tried?
you can read this very interesting news about SEC, Two ICOs, CarrierEQ and Paragon Coin were punished for conducting illegal securities offerings. Both ICOs were conducted in 2017 after the SEC warned that ICOs might be securities offerings based on its ruling on the DAO. You can find information about legal requirements by SEC which is to be complied beofre launching of ICOs or they will catch ICO management in future.
https://cryptoslate.com/sec-cryptocurrency-crackdown-two-more-icos-penalized/
https://cryptoslate.com/sec-cryptocurrency-crackdown-two-more-icos-penalized/
It seems like these companies were based in the states. How about Canada? Are we free from the constraints of the SEC?
I doubt it that there's new way of operating an ICO. Most of them are still doing the same, if there are compliant only few of them are doing them.
Why you are asking this? do you want to run an ICO now? things are changing if its come to the mindset of people but with operating an ICO, I don't think that there something that changed.
Why you are asking this? do you want to run an ICO now? things are changing if its come to the mindset of people but with operating an ICO, I don't think that there something that changed.
I'd like to run a ICO , with a new architecture. That is backed by something. I imagine the SEC would try to come after me , or my team. I'd just like to be on the safe side of things and look at the options for doing this. I want to build something great without the ramifications from the authorities. It's in humanities interest for my protocol to create new niches to solve great problems.
In investor side, i think there is not much changes with new legal requirements for ICO. We still need to pass KYC, pay ETH or BTC or fiat to buy token and hold them in our wallets, sell at good price. Some ICO will restrict residents from some countries to join their ICO, most restricted countries now are USA, China.
Have you been audited for your transactions?
If there is a situation, a big improvement on ico sector scammers are hesitating although not all are scammers in ico but we can check the probability of the project the roadmap the whitepaper of the projects. If someone cought doing that action hope that wr have liabilities as sanction.
In investor side, i think there is not much changes with new legal requirements for ICO. We still need to pass KYC, pay ETH or BTC or fiat to buy token and hold them in our wallets, sell at good price. Some ICO will restrict residents from some countries to join their ICO, most restricted countries now are USA, China.
I doubt it that there's new way of operating an ICO. Most of them are still doing the same, if there are compliant only few of them are doing them.
Why you are asking this? do you want to run an ICO now? things are changing if its come to the mindset of people but with operating an ICO, I don't think that there something that changed.
Why you are asking this? do you want to run an ICO now? things are changing if its come to the mindset of people but with operating an ICO, I don't think that there something that changed.
you can read this very interesting news about SEC, Two ICOs, CarrierEQ and Paragon Coin were punished for conducting illegal securities offerings. Both ICOs were conducted in 2017 after the SEC warned that ICOs might be securities offerings based on its ruling on the DAO. You can find information about legal requirements by SEC which is to be complied beofre launching of ICOs or they will catch ICO management in future.
https://cryptoslate.com/sec-cryptocurrency-crackdown-two-more-icos-penalized/
This article will try to explain a lot regarding it. Most of them are not following the regulatory framework to the security token. in that article SEc was creating a statement regarding the existence of the smartcontract and its contradictory.https://cryptoslate.com/sec-cryptocurrency-crackdown-two-more-icos-penalized/
https://cointelegraph.com/news/breaking-the-peg-every-stablecoin-has-its-points-of-failure
you can read this very interesting news about SEC, Two ICOs, CarrierEQ and Paragon Coin were punished for conducting illegal securities offerings. Both ICOs were conducted in 2017 after the SEC warned that ICOs might be securities offerings based on its ruling on the DAO. You can find information about legal requirements by SEC which is to be complied beofre launching of ICOs or they will catch ICO management in future.
https://cryptoslate.com/sec-cryptocurrency-crackdown-two-more-icos-penalized/
https://cryptoslate.com/sec-cryptocurrency-crackdown-two-more-icos-penalized/
How does an ICO work now that regulations and laws are being passed to regulate the industry?
How does someone run an ICO now compared to before?
How does someone run an ICO now compared to before?
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