Topic: ICOs now regulated, expect better ICOs, less Scams (Read 571 times)
If ICO regulation is necessary for the purpose of eliminating those scam ICO's, I would definitely support such implementation as I believe that the people's trust in ICO will resume again. Unlike in the current situation where ICO scams are very rampant and many people are being victimize by these scammers. I hope it will not be only in France but it should have to be global and no exception.
This is really what we need, once the icos are now better regulated there are going to be better coins coming into the market, with things like this, there is no way that we are going to keep worrying about scams. Now that there are regulations I think I am going to start investing in the coins again. This is really good news if you as me
This regulation is certainly not bad, but i have read of another solution.
Reverse ico seems to be the solution to the ico problem.
I have read that many times before and i think that will be the future of ico.
Reverse ico seems to be the solution to the ico problem.
I have read that many times before and i think that will be the future of ico.
Here is an except of an article published on coinness. It narrates the French government approval of draft to regulate ICOs
"France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
Determining the state regulator and issuing a license for ICO activities in any case will play a positive role in reducing fraud in this type of activity. However, more specific information about this is needed. Very good rules have been developed for the regulation of ICO activities in Russia. There, the entire fundraising process is going to be carried out through banks, and the state authorities will control even the targeted use of the funds raised."France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
Good,this will deal with scam projects running away with investors money but why france alone ? Well it's a step forward maybe other countries will learn and follow same steps
Here is an except of an article published on coinness. It narrates the French government approval of draft to regulate ICOs
"France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
Determining the state regulator and issuing a license for ICO activities in any case will play a positive role in reducing fraud in this type of activity. However, more specific information about this is needed. Very good rules have been developed for the regulation of ICO activities in Russia. There, the entire fundraising process is going to be carried out through banks, and the state authorities will control even the targeted use of the funds raised. "France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
I hope so, more regulations on ICO will make less scam projects and investors will feel safer to invest in new ICO, this will bring ICO back to us.
Regulation on Initial Coin Offering is a must.
Projects are just coming and they are not regulated, many scam has been done and it give a lot of problem now with investors.
Millions or Billions of dollars now are gone because of scam ICO, i think this one put addition on falling market too.
Projects are just coming and they are not regulated, many scam has been done and it give a lot of problem now with investors.
Millions or Billions of dollars now are gone because of scam ICO, i think this one put addition on falling market too.
I hope all countries will do this, although basically cryptocurrency is decentralized but I think the ICO project is excluded. With the existence of a regulator if something bad happens to the ICO, at least investors are not confused anymore where to complain. Besides being able to reduce scam ICO, I am sure this will also give more trust to investors to participate in the ICO.
This should be done everywhere and the projects should be made liable to their work.
Investors should only choose those projects that are being regulated by the local government and the investors should have the right to sue the project for misdeed in local jurisdiction.
Investors should only choose those projects that are being regulated by the local government and the investors should have the right to sue the project for misdeed in local jurisdiction.
That is what we need in this community, a regulated ICO.
There are so many SCAM ICO before and they continue to grow because they are not well committed.
They just do project and run with the money of investors.
This reduce a big number of investors in this crypto world which is bad to its health.
There are so many SCAM ICO before and they continue to grow because they are not well committed.
They just do project and run with the money of investors.
This reduce a big number of investors in this crypto world which is bad to its health.
Here is an except of an article published on coinness. It narrates the French government approval of draft to regulate ICOs
"France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
When it's fully implemented, then there will be big chance it will reduce any chance of scam project significantly."France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
I hope it will also implemented in another country, so there will be no more scam available.
This means that ICO projects coming from France will have to move elsewhere. I guess we won't be seeing ICO's coming from France due to this.
This might also impact French people from joining ICO's in the future.
This might also impact French people from joining ICO's in the future.
whether true or not but if it is realized it will be the one step want for France. investors need the ICO that clean and safe from scam so that they will be safe in making the investment. at least this can be a good solution if it will happen this kind of policy.
The question is will the new rules concerning ICO's in France result in a cumbersome and expensive bureaucratic process that will kill of the few ICO's coming out of France? Given that they have handed the job to the stock market regulator it is quite likely that will be the result.
This is really a contradiction. Abuse of ICO will only damage the cryptocurrency market, but ICO's regulation of cryptocurrencies violates the principle. I think the proper regulation of ICO is beneficial. If the ICO in the world is very good, then the price of cryptocurrency must be very expensive, and now the cryptocurrency downturn is closely related to ICO abuse.
That is a good thing. It is a good news because previously the only beneficial for ico is the owner of the ico. And they didn't care for the investors. On this way the fake ico or the scam ico will not be part of the tokensale anymore. Thanks to the approval.
Your are right , its a big relief for all of ICO Investors, who love to invest in only ICO and dont like trading 
, many people scammed for unregulated ico. i am really happy.
, many people scammed for unregulated ico. i am really happy. 
Here is an except of an article published on coinness. It narrates the French government approval of draft to regulate ICOs
"France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
I hear about ICO and cryptomarket regulations for 2 years and still there are no regulations, only some restrictions in some countries like the USA or China. But! We need regulations and more transparent market to get ETF approval. "France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
Here is an except of an article published on coinness. It narrates the French government approval of draft to regulate ICOs
"France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
If the ICO is disguised, as from France, and they will have some fraudulent or suspicious actions. In this case, in a short time, many people will learn, and simply will not take, projects from France. But in this short time, they can deceive many people. Yes, and KYC is becoming increasingly mandatory, which greatly outraged people working in the field of cryptocurrency. "France Finalizes New ICO Framework to 'Attract Innovators Globally']France's Minister for the Economy and Finance has announced on Twitter that the government has accepted an article of the Business Growth and Transformation bill (PACTE) dedicated to Initial Coin Offerings (ICO).
Bruno Le Maire stated that the French stock markets regulator Autorité des marchés financiers (AMF) is now empowered to give licenses to companies that want to raise funds via an ICO, with the legislation aiming to help protect contributors' interests."
Is this a good bye to scam ICOs from France?
In theory, perhaps. In practice, as we have seen in all fields, regulations only serve to drive honest people crazy and keep them from working, while fraudsters continue to operate industurbati.
A central authority is certainly auspicious, but do not expect too much.
A central authority is certainly auspicious, but do not expect too much.
Regulations may effects in the upper edge but the downside nothing will be changed and at the same time people will be like to have the non-scam projects only but here there are many fraudsters available to cheat us.
All we can do is keep doing better research to understand what is the project is about, team legitimacy and white paper.
This will clarify you 80 percentage before you go to invest on any ICOs.
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