SEC Coin yorum

ICOs are, for the most part, completely unregulated , so investors must exercise a high degree of caution and diligence when researching and investing in ICOs.

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”.

Entrepreneurs looking to launch a new cryptocurrency can do it through an initial coin offering (ICO), a variation on an initial public offering (IPO). There is little to no government regulation of ICOs currently , and anyone can launch one, provided they get the technology put in place.

The US Securities and Exchange Commission recently ruled that ICOs, but not crowdselling, will be treated as the sale of a security . This basically means that all ICOs must be registered like IPOs and offered only to accredited investors.