In the USA, there is its own regulator called SEC, by going to its website you can read the regulations and how this body works.
I think you know that most cryptocurrency projects do not allow US citizens to participate in fundraising, because no one wants to run into a regulator from the USA.
Those who collected funds from US citizens, as a rule, fell under severe fines and sanctions.
Even Pavel Durov, who had been negotiating with the SEC for so long, was refused on all fronts, and his coin was recognized as a security.
And how can you know without permission to sell securities to US citizens is prohibited.
Thus, now Pavel Durov will have to return all funds to investors and pay huge fines for violating the laws of the United States of America.
Topic: ICO legalities in 2020? (Read 840 times)
Many US citizens have invested in projects using other people's data. But now this is not so important, because in the market there are essentially no offers from ICO projects.
Even a new reformatted view of this fundraiser, IEO, is now declining due to its financial insolvency for investors.
All that we have learned over the past few years about fundraising is that very few projects are able to show decent profits in the long run.
Thus, it makes sense to invest only in the short-term, and this is exclusively speculative nature of investments.
Even a new reformatted view of this fundraiser, IEO, is now declining due to its financial insolvency for investors.
All that we have learned over the past few years about fundraising is that very few projects are able to show decent profits in the long run.
Thus, it makes sense to invest only in the short-term, and this is exclusively speculative nature of investments.
ICOs are really dead these days and many investors don't look in its direction unless is an IEO. Well, i think if a project wants to conduct an ICO in the US then they would definitely need to comply with the SEC regulations and this rule would definitely apply to both citizens and residents. This is the more reason why no crypto projects want to allow US citizens to participate because by complying to the rules of the SEC if the project turns out to be scam the team members can be penalized.
Most ICO and IEO I had invested in always exclude USA and Canada from participating in their project for fear of SEC prosecution and eventually destroying their project. They have a law protecting their citizens against unregulated ICO, so having them as investors can spell doom when reported.
I have seen US citizens who invested in ICO, but most of them have dual citizenship. So, they just use other citizenship, which allows them to invest freely. there are also some of them that invest through their friends.It is normal for every cryptocurrency project, most especially ICo and IEO to include it in their disclaimers that certain countries, such as the US are not allowed to invest, but if they do, nothing will be done against the project team.
This is why some projects prefer STO, but most of them in the space are illegal.
Many ICO not get legalities although in their country, they only take benefit how keep trusted each other between investor and developer of ICO project invetsment, they can get many way how to make investor trusted with hist ICO investing project.
usa or not , i think its always a good idea to comply with sec regulations , that is to add more appeal on your business .
although im aware that other ico dont allow other investors or only legal to some country . i think these ico's are not yet regulated by sec . ico legalities on 2020 could be more stricter than before due to the drop rate of the ico's . this makes investors trust the project but to some investors , dont like for a project that is regulated . they still want the anonymous one tho .
although im aware that other ico dont allow other investors or only legal to some country . i think these ico's are not yet regulated by sec . ico legalities on 2020 could be more stricter than before due to the drop rate of the ico's . this makes investors trust the project but to some investors , dont like for a project that is regulated . they still want the anonymous one tho .
Most ICO and IEO I had invested in always exclude USA and Canada from participating in their project for fear of SEC prosecution and eventually destroying their project. They have a law protecting their citizens against unregulated ICO, so having them as investors can spell doom when reported.
the heyday of ico seems to have ended, and I don't think it would be useful to discuss it too deeply, even if it was replaced with ieo, which could be said to be safer, for now it is less desirable, so many projects have failed. for now I think it's better to invest in the top coins, so our funds are safe
Agree, if now we want to invest in the Crypto world we better invest in the top coins like ETH, EOS or BNB. The ICO world is dead now, many people no longer believe in ICO projects, and although now it is trending with the IEO project but I see it does not make investors interested to invest.
the heyday of ico seems to have ended, and I don't think it would be useful to discuss it too deeply, even if it was replaced with ieo, which could be said to be safer, for now it is less desirable, so many projects have failed. for now I think it's better to invest in the top coins, so our funds are safe
Agree, if now we want to invest in the Crypto world we better invest in the top coins like ETH, EOS or BNB. The ICO world is dead now, many people no longer believe in ICO projects, and although now it is trending with the IEO project but I see it does not make investors interested to invest.
Even though ICO's have lost the appeal lately.
I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
I see it as they are trying to safeguard their citizens from scam ICOs. We all know what happened during the ICO era, the scam was too much and although SEC rules and regulations are strict they try as much as they can to ensure safety first. Owing to sec regulations most people from the US prefers going to other countries to host a crypto project, but in all reality I can say SEC really helped to reduce the number of fraudulent projects from taking place. Since ICOs are dead and gone no need to bother about them again.
the heyday of ico seems to have ended, and I don't think it would be useful to discuss it too deeply, even if it was replaced with ieo, which could be said to be safer, for now it is less desirable, so many projects have failed. for now I think it's better to invest in the top coins, so our funds are safe
Agree, if now we want to invest in the Crypto world we better invest in the top coins like ETH, EOS or BNB. The ICO world is dead now, many people no longer believe in ICO projects, and although now it is trending with the IEO project but I see it does not make investors interested to invest.legendary
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Agree, if now we want to invest in the Crypto world we better invest in the top coins like ETH, EOS or BNB.
Wrong. The best investment for long term is bitcoin and for short term is any shitcoin that you like, specially the ones you mentioned with the high probability of BNB being a ponzi as in borderline ponzi and EOS being a complete shitcoin with no real usage that is commendable to bitcoin or even close to it. Quote
The ICO world is dead now, many people no longer believe in ICO projects, and although now it is trending with the IEO project but I see it does not make investors interested to invest.
LOL, IEO is just a rebranding of ICO. Since these people who are wannabe venture capitalists are looking for new method to lose their money the people running the ICOs (read, scams disguised as coin offerings) renamed ICO>IEO to make people forget the bead effects and bad name of IEO. It actually fooled a lot of the investors who are too dumb to use their brains. 
Even though ICO's have lost the appeal lately.
I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
The reason that all ICO projects are avoided for US citizens is because of the SEC. because most of the ICO projects from 2018 up to now are just scam projects. they never want Americans involved in their capital raising activities because they know they may end up paying a heavy price. And as you can see, ICO projects with such policies are often scams. It is now hard for us to trust ICO projects anymore, because now they have many ways to cheat investors. they will promise more because it's just a word. after the Investors sent money to them, then they did everything else and ignored the investors' whine. anyway, I advise you not to invest in ICOs anymore, keep your money safe. I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
the heyday of ico seems to have ended, and I don't think it would be useful to discuss it too deeply, even if it was replaced with ieo, which could be said to be safer, for now it is less desirable, so many projects have failed. for now I think it's better to invest in the top coins, so our funds are safe
Agree, if now we want to invest in the Crypto world we better invest in the top coins like ETH, EOS or BNB. The ICO world is dead now, many people no longer believe in ICO projects, and although now it is trending with the IEO project but I see it does not make investors interested to invest.
the heyday of ico seems to have ended, and I don't think it would be useful to discuss it too deeply, even if it was replaced with ieo, which could be said to be safer, for now it is less desirable, so many projects have failed. for now I think it's better to invest in the top coins, so our funds are safe
Agree, if now we want to invest in the Crypto world we better invest in the top coins like ETH, EOS or BNB. The ICO world is dead now, many people no longer believe in ICO projects, and although now it is trending with the IEO project but I see it does not make investors interested to invest. Even though ICO's have lost the appeal lately.
I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
dont bother about ICO now because this will gone soon as all of them are scammers and we can only count in Fingers the legit ,and actually ICO is one of the reason why people are getting away of crypto world because of their sh*ts and victimizing.I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
if i were to choose?i prefer voting for how will the community response if this ICO will continue or totally banned promoting here in our forum ,there are many ways to profit here and we can take out this scammers.
Even though ICO's have lost the appeal lately.
I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
dont bother about ICO now because this will gone soon as all of them are scammers and we can only count in Fingers the legit ,and actually ICO is one of the reason why people are getting away of crypto world because of their sh*ts and victimizing.I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?
If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?
I am not from the usa but live here now. Is it a resident or a citizen issue?
if i were to choose?i prefer voting for how will the community response if this ICO will continue or totally banned promoting here in our forum ,there are many ways to profit here and we can take out this scammers.
Why is OP complaining about this? USA is the only country capable of standing against this ICO criminals, we should be happy about that because no other country can stand against these crypto crimes, many ICO projects scammers are still at large but USA is doing a good job
How am I complaining? I am simply asking questions because as an investor I would like to know everything. Until now it is all a jumble and I havent got a complete understanding of the legalities.
I have a better understanding from some great posts here but still wanted to know the process of registering (to be approved) with the SEC? is it a long drawn out process? Is it expensive? Depending of these factors it will prove to me that an ICO registered with the SEC IS 100% legit. If it costs $30000 and takes 3 months, all directors must provide ID etc then it is SAFE. If you just have to fill in paperwork to the SEC with no cost with a 1 week turn around than it doesnt provide me much more security as an investor.
I agree, that many ICOs would have a problem with SEC institution in the future because most of them could be clasified as securities, that would mean sanctions that can endanger the entire project and that is why investors are still afraid of investing into ICOs.
yes that's true but the team that will make the ICO project should have completed the permit or other proposals, so you don't need hesitate to join one of these projects.legendary
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Usually most of the projects doesn't have the balls to gather money from the big boys, even if you are based in europe or somewhere else as long as you are getting the fund from US they will definitely come after you and projects doesn't want that.
I think ICOs ruined altcoins so anything to make them less prevalent is good. Seriously prior to their popularity, you used to be able to find a newly made shitcoin, mine it with your semi-decent computer, and dump it the second it makes it on an exchange for little to no risk. Then ICOs became popular and soon every new shitcoin was an ICO because it's even easier for the creator to make money that way.
Exactly, in the past day there are tons of quality airdrops but very soon replaced with we know as ICO because it's an instant money grab ( for project that have garbage quality) Jump to: