On September 4, 2017 seven Chinese financial regulators officially banned all ICOs within the People’s Republic of China , demanding that the proceeds from all past ICOs be refunded to investors or face being “severely punished according to the law”.
Read moreHow can I invest in ICO?
How To Buy ICO Tokens in Four Steps
Read moreIs it profitable to invest in ICO?
While they can be highly profitable for both companies and investors , there is a large amount of risk involved due to their unregulated nature. Despite the vast majority of ICOs being scams, many individual investors still participate.
Read moreAre 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 …
Read moreAre ICOs legal in the UK?
Exchange tokens are used in a similar way to traditional fiat currency and can be used as a means of exchange, but are not currently viewed as legal tender in the UK and they are not considered to be a ‘currency’ or ‘money’.
Read moreDo 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.
Read moreWhat is an IDO in cryptocurrency?
An IDO is a crypto token offering run on a Decentralized Exchange (DEX) . Liquidity pools (LP) play an essential role in IDO’s by creating liquidity post-sale. A typical IDO lets users lock funds in exchange for new tokens during the token generation event.
Read more