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Topic: Which country will ban an ICO? What do you think? (Read 370 times)

member
Activity: 308
Merit: 10
In my opiniom eyevery country should regulate the ico / crypto ..
Not the good guys but the bad scammer !
newbie
Activity: 31
Merit: 0
The ones likely to really ban them are those that already did - totalitarian countries that have a very closed market and practice hard control over national currency. You may implement regulation that is bad and prohibitive, but outright ban is just screaming of one's incompetency.
hero member
Activity: 966
Merit: 501
Now everybody scary that government will ban the ICO in their country. Which country will be the next?

one of the reasons they prohibit ico circulating in the country is because a lot of ico who do a scam ,, therefore we should be able to choose ico that might work well .. some companies sometimes many are considered a scam because ico jerk who just gives a crap without evidence ,,
I always follow the ico that has good prospects. and now MONEY REBEL PLATFORM is ico that will run successful .. and i am very confident with their vision and mission
full member
Activity: 644
Merit: 102
I do not think there will be any other ban. Banning ICO is like running away from the reality. The best next option is to find a way to control them by regulating ICO activities.Japan and Singapore are evaluating how to regulate them .As we all know ICOs are high risk investment the government of a county need to protect its citizen's investment.Digital currency have come to stay so regulations in ICO is bound to happen sooner than we expect.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
I think other Asian countries could follow this lead.. but I'm sure they will not do in permanently, just for some time to figure out how could they have a deal with this new industry
I agree with your opinion, for some reason, the government should protect their citizens from ico scams, on the other hand, they do not want this market to be out of control.
Government will always tend to keep its citizens on the right track. Here even among the Asian countries China holds the largest number of ico developers and few go as a scam in between due to the lack of funding. In my view ico is an digital form of find rising, but this needs to be used in the right manner, then there won't be any issues same as the one that happened few weeks back.
newbie
Activity: 19
Merit: 0
well, india will be next .
hero member
Activity: 1274
Merit: 500
It is difficult to ban ICOs because they have so many ways to buy. I think if the government can control all ICO projects then this will probably happen and ICO projects will be banned in those countries.
sr. member
Activity: 1162
Merit: 260
Now everybody scary that government will ban the ICO in their country. Which country will be the next?
The recent country that alreayd banned the icos from their environtment just like south korean and china but it seems other are interested to give a regulation to the ico. The fact that about you can see about the latest rally of the crypto, is that not give a complete result regarding how strong the ico is? The price already jumped again.
hero member
Activity: 742
Merit: 500
I think other Asian countries could follow this lead.. but I'm sure they will not do in permanently, just for some time to figure out how could they have a deal with this new industry
I agree with your opinion, for some reason, the government should protect their citizens from ico scams, on the other hand, they do not want this market to be out of control.
full member
Activity: 233
Merit: 250
I think other Asian countries could follow this lead.. but I'm sure they will not do in permanently, just for some time to figure out how could they have a deal with this new industry
full member
Activity: 236
Merit: 100
I think another Asian country will ban them to join forces with China and South Korea.

I don't think it really matters, and there are murmurs of China overturning it once their elections are done. If that happens Then I think this worry of ICO's getting banned will disappear.
member
Activity: 96
Merit: 10
Moirai ICO starts on 10/11/2017
Korea has banned. I think USA will also put in strict regulations
full member
Activity: 308
Merit: 106
I guess any country who want to make money, they ban it, then invest in it and jackpot
member
Activity: 111
Merit: 10
GeoPin: Blockchain-based interface to the physical
China and Korea banned ICOs just because there were too many scams back in their countries. Hopefully they will figure out a way to regulate it in the future just like Japan.
full member
Activity: 238
Merit: 102
Would be quite bad if Switzerland starts banning ICOs as it's the bastion of cryptocurrencies currently. All bets are off when that happens.

https://www.coindesk.com/swiss-finance-regulator-investigating-ico-procedures/
hero member
Activity: 812
Merit: 509
Now everybody scary that government will ban the ICO in their country. Which country will be the next?

Not sure, and wouldn't be surprised at all if another country bans ICOs honestly.

Governments are scared that decentralized cryptos are actually going to become a mainstream thing and right now bitcoin + altcoins are demonstrating their ability attract investors as well as work in a decentralized way.

China, Korea has already banned them. Wouldn't be surprised if US is next tbh.
legendary
Activity: 1386
Merit: 1016
I do foresee more and more countries coming in to ban ICO or at least try to regulate ICO. A lot of the ICO is purely money grabbing. The projects can go by the traditional way of finding fundings but they do not because it requires a lot of work. So they end up setting up ICO by just randomly adding blockchain into the project when there is no need. Without proper foundation, a lot of the ICO will lose value in the long run and there are even scammer projects to steal all the fund raised.
member
Activity: 60
Merit: 10
I think maybe the UK / USA will be next to ban ICO's.

I don't think anyone should be worried, we already had China and South Korea ban them and the crypto world is still fine! There will always be some countries that welcome cryptocurrency as well.
sr. member
Activity: 1470
Merit: 325
started by china then Korea and now some news from India  

i am working it considering my three significant faktors, china korea and india are good bets. I had to consider lots of socioeconomic faktors into this analysis for many different countries.

regards
newbie
Activity: 35
Merit: 0
started by china then Korea and now some news from India  
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