It has been a high ride for cryptocurrency tide this year, mainly due to ICOs. But, seems like the ride has a bump ahead. Many countries are considering regulations on ICOs. The recent scale of ICOs like Tezos and FileCoin must have frowned financial regulation institutions, even amongst developing countries. The concern might be multi-dimensional such as Money laundering, ICO Scams, Taxation etc. Basically, all that is with Cryptocurrencies. But, the big driver here might be that ICO pulls investors easier to buying new coins as opposed to when coins launched in the old days. It is because of the perception of ICO being "low risk". The perception might be built due to ready PoS, white-papers, escrow accounts, refund on unfulfilled investment targets etc. But, it is built nonetheless. One must understand these are yet new projects being launched and must pass the test of adoption like any other past projects
Some of the countries that are considering ICO regulations are US, China, UK, Malaysia & Switzerland. Now, whether it slows the tide down or makes it even wilder is yet to be seen
Topic: ICO regulation bump ahead (Read 267 times)
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