Why US citizens are unable to participate in the cryptocurrency ICO

in #usa7 years ago

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Given the current ICO boom in cryptocurrency world, we should expect that some things still remain incomprehensible to ordinary people. One of those issues that often arise from ordinary users, is the fact that most of these cryptanalytic ICO do not allow for the participation of citizens of the United States. There are many reasons why such a fact takes place, although these limitations are often very easy to get around. Anyone who recently participated in cryptanalytic ICO or pre-ICO, I could see that these investment are not addressed, at least in theory, residents of the United States. Some projects go even further and try to limit participation in its crowdfunding campaign, the citizens of Singapore. It is obvious that in these two regions cryptocurrency ICO is not respected, mainly from regulatory restrictions, according to The Mercle. The United States has very strict laws when it comes to rules of investing. Only accredited investors can participate in private placements of securities. Despite the fact that most of the ICO calls the means of attracting investment, which investors receive in exchange for their money, tokens, and not securities, regulators may have a different opinion on this issue. Many of the ICO, which has already taken place, can be called traditional in raising capital through the sale of shares.

securities and exchange activities in the United States) for certain reasons, would begin the investigation of a particular krautsalat, although such a development is unlikely. In the US the SEC deals with compliance with all regulatory aspects related to financial instruments, including cryptocurrency. But the fact that the SEC would actively intervene in the conduct of cryptanalytic ICO is only a matter of time. Then you can place things to happen, because many of the ICO, which were carried out earlier, has not taken the necessary measures to prevent the participation of residents of the USA to Finance their projects. All these projects will now be at the mercy SEC, which will decide, not whether they violated U.S. law. A violation of U.S. law, which applies to the securities is not something I want to deal with. There is one important point - these laws apply to companies outside the us, so now cryptocurrency projects that conduct ICO, take appropriate precautions.Сообщить об ошибкеВаши исправления помогают повысить качество машинного переводаСообщить об ошибке

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