What is an ICO platform?

What are Initial Coin Offerings? ICOs are another form of cryptocurrency that businesses use in order to raise capital . Through ICO trading platforms, investors receive unique cryptocurrency “tokens” in exchange for their monetary investment in the business.

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Are ICO legal in the US?

Due to national legislation, participants from the following countries are not allowed to participate in the IDO : “US person” (as per this definition), Canada, South Korea, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe, Singapore and …

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Do you have to register an ICO?

Under the Data Protection Act 2018 organisations processing personal information are required to pay a data protection fee unless they are exempt . … Perhaps unsurprisingly, more sole traders and organisations have fulfilled their legal requirement to register with the ICO than ever before.

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