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Topic: Why are Americans blocked from participating ICO Telegram groups? (Read 403 times)

jr. member
Activity: 350
Merit: 1
US citizens are blocked from participating on various projects due to SEC regulations. This is done only to be compliant with the SEC. Due to legal concerns, this was done.   
sr. member
Activity: 840
Merit: 266
US citizens are already restricted from joining any ICO, why would you want to join a chat discussion of an ICO if you are already cannot participate in it? By the way that is for your own good, I know that US investors still joining most of ICOs even with the warning not to join and then they start to complain when ICO require them to compile with KYC.
jr. member
Activity: 196
Merit: 2
The US government at the moment isn't crypto friendly, hence the cease and desist on some ICOs. Furthermore, in other to avoid issues with the SEC, some projects exclude US citizens and a few other countries citizens from participating. 
newbie
Activity: 54
Merit: 0
I just came across the weirdest thing. In the eMusic ICO telegram community,

 there is some sort of a ‘bouncer bot’, blocking U.S. citizens from participating in the discussion.

This is the first time I see this kind of thing.. can anyone explain what is all about?
I think that the United States is ideally based on the economy through taxes, so their government does not want too many people to take part in the ICO, and by that they want to limit access to it.
member
Activity: 266
Merit: 10
I think that this situation is a bit strange but there is nothing surprising because the American government wants to have control over its citizens. To my mind, it is better to block them for the government
jr. member
Activity: 248
Merit: 1
I just came across the weirdest thing. In the eMusic ICO telegram community,

 there is some sort of a ‘bouncer bot’, blocking U.S. citizens from participating in the discussion.

This is the first time I see this kind of thing.. can anyone explain what is all about?

well if they can't comply with SEC, it might be reasonable for them not to allow US tekegram users to join the group, especially if they're US based project, i would be quite concerned either
newbie
Activity: 128
Merit: 0
Yes, it may be related to the SEC. There are many countries that are trying to stop the trading of cryptocurrencies. The United States is still a country with strict laws. Only if it is passed. It will be released in the near future.
full member
Activity: 462
Merit: 100
I just came across the weirdest thing. In the eMusic ICO telegram community,

 there is some sort of a ‘bouncer bot’, blocking U.S. citizens from participating in the discussion.

This is the first time I see this kind of thing.. can anyone explain what is all about?

It was a US government policy that preventing their people to join ico thats why those developer that came from US are going to the countries that has no policy to crypto ico and from there are the project will start and banning or pointing that american base members wont allow to join as the SEC will be their big problem
member
Activity: 238
Merit: 10
However, I am curious about how users from telegram groups can judge whether they are from the us.
If you don't say it, I don't think they will know.
newbie
Activity: 154
Merit: 0
Many ICOs around the world banned American workers, Chinese participants
As far as I know, US citizens must obey the SEC
And joining the ICO group telegram too.
newbie
Activity: 224
Merit: 0
USA government does not allow their residents to participate in ICO projects. Hence they are being kicked from the Telegram group. But, the recent events regarding SEC indicate that there is still hope and SEC's verdict might allow Americans to participate in ICOs.
newbie
Activity: 294
Merit: 0
It’s quite normal. I have seen many projects similar like this. They have restricted US citizen so that they won’t have to get complain notices from US Security exchange commission.
full member
Activity: 336
Merit: 100
There are many projects that restrict US citizens from participating in the ICO in any form because they are trying to be in compliant with the SEC, which is not necessarily a bad thing.

it's actually the opposite. they block US investors because they don't want to be under the scrutiny of the SEC. there is a lot of uncertainty regarding ICO regulation in the US so it's better to just not deal with it. so if they block US citizens from investing, they are not under the jurisdiction of the SEC
newbie
Activity: 168
Merit: 0
Currently US citizen are not allowed to participate in any ICO unless you are an accredited investors, else you are not allowed to participate, so many ICO are taking many measures to make US citizen does not get in
full member
Activity: 490
Merit: 100
I think because a lot of projects was scamed. And politics of the USA usually defends people interests.
full member
Activity: 467
Merit: 100
Binance #Smart World Global Token
I just came across the weirdest thing. In the eMusic ICO telegram community,

 there is some sort of a ‘bouncer bot’, blocking U.S. citizens from participating in the discussion.

This is the first time I see this kind of thing.. can anyone explain what is all about?
because there are some restrictions in the U.S. they have a law which is only enforcing in their country. and because of that restriction, most of the projects tend to remove them from being able to participate in any project.
newbie
Activity: 50
Merit: 0
Please worry no more about this issue. As I know it’s not a matter of concern. Government took some step to run smoothly the crypto market. It’s a increasing market so government took this initiative.
jr. member
Activity: 131
Merit: 2
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i think it's because the American Securities and Exchange Commission is been so strict on processes relating to cryptocurrency.
A closer look at their reason might be fiscal related control and then fraud related control too. For the mean time they are been restricted doesnt mean Americans are not part of the exercise. But am meant to believe that such regulations are part of what gives the crypto market this bearish dive. I'd advice the crypto community sort out what ever might be the issue. Cryptocurrency will definitely moon again Grin
newbie
Activity: 234
Merit: 0
From my point of view its not a matter of concern. Government impose some rule for participating ICO.  As crypto community is increasing day by day many people try to use it in different way. Government took some initiative to smooth the operation. So worry no more.
full member
Activity: 378
Merit: 101
ICO country blocks are based on many factors and it is not for all Ethereum based ICOs. Status must have their own reason and it is probably buried somewhere within the forums or FAQ
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