The main function of ICO is the first sale of the tokens. That is, to raise funds for the project through ICO. But at present, many projects are air projects. There is no real thing. So many countries will ban ICO. It is to prevent risk. Because often a fake project is often easily swindled through ICO.
Topic: Why are ICO banned for some countries - page 2. (Read 270 times)
Why are ICOs banned for residents of some countries and how does the government know that if I bought the coins/tokens in an ICO or from an exchange ?
I'm so frustrated about it because I had the opportunity to invest in some great ICOs which are now doing so well.
I didn't take part in those ICOs as I did not want to break any laws and knew that regulations are coming in on the crypto any time.
Any thoughts ??
I'm so frustrated about it because I had the opportunity to invest in some great ICOs which are now doing so well.
I didn't take part in those ICOs as I did not want to break any laws and knew that regulations are coming in on the crypto any time.
Any thoughts ??
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