Topic: Stop all the ICOS now! SEC is coming! (Read 2146 times)
The SEC probably knows they have no say over the crypto space. That's why their statement probably serves as a deterrent rather than an actual clampdown on ICOs
The only people who care about the SEC are the SEC and some Americans.
Crypto doesn't care about the SEC.
Crypto doesn't care about the SEC.
I don't see what's the problem about that. ICOs will continue regardless what the says or does.
I also think American users can invest in any ICO they want. How can the SEC control them?
This is good news. They are afraid of crypto, but don't have the means to fight us...
I agree, there is no need worry unless you are a scammer and leaving in America. Only one thing I'm worried about, most of the whale investors are came from America. I think might give a little impact as well but not too much.I also think American users can invest in any ICO they want. How can the SEC control them?
This is good news. They are afraid of crypto, but don't have the means to fight us...
I don't see what's the problem about that. ICOs will continue regardless what the says or does.
I also think American users can invest in any ICO they want. How can the SEC control them?
This is good news. They are afraid of crypto, but don't have the means to fight us...
I agree, there is no need worry unless you are a scammer and leaving in America. Only one thing I'm worried about, most of the whale investors are came from America. I think might give a little impact as well but not too much. I also think American users can invest in any ICO they want. How can the SEC control them?
This is good news. They are afraid of crypto, but don't have the means to fight us...
It will be like if ico released later. Is there a change in form of investment?
Guys and girls, please chill... this is directly from the sec.gov website, please read it all before you FUD.
"Developers, businesses, and individuals increasingly are using initial coin offerings, also called ICOs or token sales, to raise capital. These activities may provide fair and lawful investment opportunities."
I read that and think, perfect, the US gov is validating ICOs and SOME tokens, not all, nice. They just can't be classified as "securities" but this in no way ends the ICOs or crypto movement lol, they are welcoming it! Read the news...
"Developers, businesses, and individuals increasingly are using initial coin offerings, also called ICOs or token sales, to raise capital. These activities may provide fair and lawful investment opportunities."
I read that and think, perfect, the US gov is validating ICOs and SOME tokens, not all, nice. They just can't be classified as "securities" but this in no way ends the ICOs or crypto movement lol, they are welcoming it! Read the news...
I agree people should read and understand the report.
What the SEC said (paraphrased) was if someone sells a security, even if they call it an ICO, U.S. securities regulations still apply. Here's actual language from the report, "Accordingly, the Commission deems it appropriate and in the public interest to issue this Report in order to stress that the U.S. federal securities law may apply to various activities, including distributed ledger technology, depending on the particular facts and circumstances, without regard to the form of the organization or technology used to effectuate a particular offer or sale."
But what they also said was, "Whether or not a particular transaction involves the offer and sale of a security—regardless of the terminology used—will depend on the facts and circumstances, including the economic realities of the transaction."
The takeaway is if your ICO or token launch is a security then US laws apply. But the SEC clearly states that not all ICOs are securities.
I don't see what's the problem about that. ICOs will continue regardless what the says or does.
I also think American users can invest in any ICO they want. How can the SEC control them?
This is good news. They are afraid of crypto, but don't have the means to fight us...
I also think American users can invest in any ICO they want. How can the SEC control them?
This is good news. They are afraid of crypto, but don't have the means to fight us...
Well this News would really worry American citizens who do participate on ICOs which they would really have already restrictions when it comes into these crowdfundings but for joes outside US then this news doesnt really affect at all since its just being implemented on a certain area. We can still experience ICO except those americans out there but im quiet confused why they didnt totally ban it? Theres something behind on it.
SEC ICO REGulation is just release, and all the tokens will be securities, better to kiss good bye and stop all your ICO scams 
https://www.sec.gov/news/press-release/2017-131
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
https://www.sec.gov/litigation/investreport/34-81207.pdf
https://www.sec.gov/news/press-release/2017-131
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
https://www.sec.gov/litigation/investreport/34-81207.pdf
Nothing new in those links. US citizens can't contribute any ICO and this was already on. SEC can't take decissions to control the rest of the World population.
SEC already had an investigative report against ICO. This must raise an awareness to everyone. But then SEC is working out to fix any legal pursuit against ICO. Investors just have to be more wise.
Well thanks to us. We are too blame. We threw money like water into ICO just for flipping. Well the biggies took advantage.
You mean ICO will be regulated and most of the new initial coins offer will be stop or if you did not meat up to the standard your coins will not be listed. I have find out that most of the regulatory agency are control by government and politicians who are almost the same with scamming ICO owners! No different, just the same.
exactly. now you won't be getting scammed by individuals but rather big corporations. lol
Not really a problem for those ICO's that are legit. Most ICO's are not from USA too. With SEC, we can now easily join investments and bounty campaigns without much worries!
You mean ICO will be regulated and most of the new initial coins offer will be stop or if you did not meat up to the standard your coins will not be listed. I have find out that most of the regulatory agency are control by government and politicians who are almost the same with scamming ICO owners! No different, just the same.
It is jut ICO's from the us and not from other places in the world. maybe it will be a good move for us government to regulate the ICO's there to inform their countrymen about the ICO's projects and aims.
I think this is good for us based ICO's, it will be filtered for scams and we are sure that the company set for ICFO's are genuine and legit. Also, the people behind the company is known, we can also background check them. I think this is a good move.
thanks to SEC, now i can participate in ico easily as someone quit off, and there shall be supervise indeed
LOL SEC
LOL USA
who cares about them?
the world is not the USA
ROFLCOPTER
It really has a big impact on investors, the Dao is the predecessor of ETH and every project using ETH technology is affected.LOL USA
who cares about them?
the world is not the USA
ROFLCOPTER
You say no one cares, then you probably haven't explored it thoroughly
This is the only bad impression about crypto and new ICO, there are so many scammers and hackers. In stockmarket and forex you will not hear any of these.
Who cares what the gang bangers over at the SEC say?
Just use a VPN and keep buying.
Just use a VPN and keep buying.
Guys and girls, please chill... this is directly from the sec.gov website, please read it all before you FUD.
"Developers, businesses, and individuals increasingly are using initial coin offerings, also called ICOs or token sales, to raise capital. These activities may provide fair and lawful investment opportunities."
I read that and think, perfect, the US gov is validating ICOs and SOME tokens, not all, nice. They just can't be classified as "securities" but this in no way ends the ICOs or crypto movement lol, they are welcoming it! Read the news...
"Developers, businesses, and individuals increasingly are using initial coin offerings, also called ICOs or token sales, to raise capital. These activities may provide fair and lawful investment opportunities."
I read that and think, perfect, the US gov is validating ICOs and SOME tokens, not all, nice. They just can't be classified as "securities" but this in no way ends the ICOs or crypto movement lol, they are welcoming it! Read the news...
SEC ICO REGulation is just release, and all the tokens will be securities, better to kiss good bye and stop all your ICO scams
https://www.sec.gov/news/press-release/2017-131
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
https://www.sec.gov/litigation/investreport/34-81207.pdf
https://www.sec.gov/news/press-release/2017-131
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
https://www.sec.gov/litigation/investreport/34-81207.pdf
Most of the ICO's are not accepting USA people already.
This was long time issue and many ICO's are currently not accepting US citizen on their crowdfund to avoid those issue and those Sec mentioned cannot stop ICO's since their are so many investors around the globe who are frequently trying their very own lucks on ICO and theirs no way that this one would stop since it is been used by the other business man to make their dream business became successfull.
SEC ICO REGulation is just release, and all the tokens will be securities, better to kiss good bye and stop all your ICO scams
https://www.sec.gov/news/press-release/2017-131
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
https://www.sec.gov/litigation/investreport/34-81207.pdf
https://www.sec.gov/news/press-release/2017-131
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
https://www.sec.gov/litigation/investreport/34-81207.pdf
Most of the ICO's are not accepting USA people already.
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