Bitcoin Forum

Many countries are trying to create a regulation mechanism that is very similar to the mechanism of stocks of CEF's.

I think this is bad way (although regulations are good at some level), mostly because of killing the innovation. The licenses will require special deposits and special licensed managers. Required also will be KYC/AML compliance.
As for the KYC/AML it may be good because there is lower risk for investors to get involved in Ponsi etc. However licenses and deposits may kill the innovation.
In difference there should be something of a requirement of good explanation of types of investments and precise description of risks - investments are always risks.

Example of such crowdfunding license (Isle of Man):

http://www.iomfsa.im/beingregulated/POSTAugLHs/class6crowdfundingplatforms.xml

It is not that bad. Having regulations in place will decrease the illegal use of alt market. Also, our transaction would become more secure and safer as we will know from women the money is coming or where the money is going. It is not really killing of innovation but saving it in a legal way. Yes regulation is hard sometimes but come on they are the only thing which makes the world safer place. Your money is everything now a days and if regulations are gonna add some more security to it then it is okay I guess.

You have full right, I was talking about the mechanisms itself. I think it is 'going the easy way' by implementing CEF regulations.

There should be simplified license if you want to invest, i.e. if you make and ICO, a percentage amount of token and money states the deposit and there is a lock-up mechanism that is opened with time of the realization. If the barrier of the deposit is BEFORE the ICO's, it may be a killer for many SMEs that want to, for example, gain a little bit of money for their projects in form of a smart contract, where tokens represent the capital (i.e. 20%).