Regulation seems to be on the way since the European Union wants to get started very quickly with it.
However, knowing how slow governments are, we can expect one of two things:
1) They ban everything till they figure out what ICOs are why are they helpful for innovation.
2) They discuss and take 4-6 months to get to a decision...
Personally i feel that if we as a community should set up rules around what can or can not be part of the ICO ecosystem. Right now, I have seen many ICOs having the same people in management and advisory roles.
Most importantly, a lot of these ICO companies are investing in marketing/PR. The community should help consolidate rules. We dont need government for that.
Topic: Regulation in the Cryptoeconomy (Read 119 times)
This year should be a boom in government regulations, it is inevitable
Yup, it would be better for the ICO issuer and authorities to come along an agreeable path to follow so that none face difficulty including the investors.
I'm sure it will in a short time..
Yup, it would be better for the ICO issuer and authorities to come along an agreeable path to follow so that none face difficulty including the investors.
the ICO prohibition is temporary and can be revoked within a reasonable time.
IMF’s cryptocurrency SHOCK: Lagarde vows digital currencies WILL be regulated:
https://www.express.co.uk/finance/city/918012/IMF-Christine-Lagarde-cryptocurrency-WEF-Davos-CNN-Money
https://www.express.co.uk/finance/city/918012/IMF-Christine-Lagarde-cryptocurrency-WEF-Davos-CNN-Money
The current ban on ICO is not a law.Caixin, the financial magazine, local and Chinese regulators (Regulatory Commission People's Bank of China
Kevin Murcko, CEO of CoinMetro talks about regulation in the Cryptoeconomy at the London ICO convention:
https://www.youtube.com/watch?v=46fyzht9E8w
https://www.youtube.com/watch?v=46fyzht9E8w
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