Author

Topic: US ICO Regulations (Read 81 times)

newbie
Activity: 21
Merit: 0
April 04, 2018, 11:29:05 AM
#1
I have been thinking about this as someone launching an ICO and being based in the US and while I would prefer no regulation I don't think that will ever happen.  My biggest issue right now is the qualifications needed to be accredited.  To be frank I see them as elitist and uninformed.  Who's to say that a person making far less than $200k is not "smart" enough as an investor to qualify to buy into an ICO?  If we assume that regulations are simply going to happen then let's push on the accredited qualifications.  There should be other ways to determine if someone understands the risks they are taking buying into very speculative assets.  Currently about 3.7% of individuals qualify as accredited using only the income number.
Jump to: