Topic: Will ICOs be banned worldwide? - page 2. (Read 422 times)

China decision will definitely be impacting the way other countries now might look at ICO. As being the leader for years now in cypto currencies China decision might have already effected some countries where govt is still considering the btc to be made legal or ban it. So might be case where ICO may be considered as illegal because raising money from the public and they may run away so either they would require a license or govt will just ban it.

Regulations are coming and I'm pretty sure this will be good for the whole crypto space, disincentivizing scam ICOs.

I agree, ICO will be more regulated instead of total banned. Perhaps it need to go through dedicated agency that perform the screening for new ICO.

For this reason, I have vested in Kickico. Please check it out if you have not heard about it.

I don't think they will ever be fully banned, instead just regulated.

People will always find a way to work around regulations or they will simply change something so the ban wouldn't apply.

The US doesn't seem to be as aggressive as China and North Korea towards ICOs, apparently leaning more towards regulation, except for when the ICO is a security.
ICOs can be a healthy way for fundraising through cryptocurrency but they need to be regulated.
However it is imperative that world leaders see cryptocurrencies as good first, let alone ICOs. Recent news about Russia and cryptocurrency exchanges aren't all that good.

i think it will not be banned across the world, but regulation maybe, the abuse of ico make a huge influence on economic and financial development, especially most of ico are scams,there will be a chain reaction if one project run away

'Initial Coin Offering (ICO)' An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

Many ICOs are out there in the market, some are legit brilliant ideas, while some are merely scams leveraging from its non-regulated decentralized nature.

First country to ban was China. The country's authorities have ruled that initial coin offerings are illegal and has banned them from taking place. The Peoples's Bank of China (PBC), the country's central bank, and other regulating authorities have said companies raising cash via a cryptocurrency or digital token will not be allowed.

The ban comes after South Korea noticed that “raising funds through ICOs seem to be on the rise globally” and domestically.

The idea of an ICO was to fund raise yet benefiting investors globally, however due to its concept and lacking of due diligence, some deemed as an opportunity to ponzi scam yet getting away easily as there are no governing bodies yet.

In my opinion, it will be a matter of time this idea of ICO will either be pressed down and destroyed or stringent rules and regulations be implemented. In that case, wouldnt ICO be just another IPO yet money lost to organizations in between charges and fees? What are your views?