ICOs To Be Regulated the Same As IPOs in the US

manuelmane

Banned
Jan 11, 2017
74
19
The SEC (The Securities and Exchange Commission) has decided to regulate Initial Coin Offerings (ICO) in the same way as Initial Public Offerings (IPO) of traditional shares. Now, each organization using distributed ledger or blockchain technology that wants to offer and sell its own digital token in the US will be required to be registered.

After a closer study, the SEC issued an investigative report cautioning market participants that offers and sales of digital assets by "virtual" organizations are subject to the requirements of US federal securities laws.

Read the full article: https://coinidol.com/icos-to-be-regulated-as-ipos-in-the-us/

 

CryptoStar19

Member
Jun 11, 2021
53
7
Yep. We have seen a regulatory crackdown in ICOs since the OP posted this here. They have now given way to air drops.