Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: murkr on October 22, 2017, 10:54:00 PM



Title: Can Canadians participate in ICO's?
Post by: murkr on October 22, 2017, 10:54:00 PM
Hey guys,

I've been really wanting to participate in some ICO's but i live in USA. I was thinking about doing the VPN thing but I am now learning about KYC compliances so I guess I wont be able to do that :(

But I have some family that were born and live in Canada. Would they be able to participate in ICO? because I can tell them to buy me some lol.

I want to buy some UTRUST


Title: Re: Can Canadians participate in ICO's?
Post by: rijaljun on October 22, 2017, 11:05:57 PM
As far as I know, UTRUST is now evaluating the acceptance of U.S. residents in their upcoming ICO and you can sign up your interest.


Title: Re: Can Canadians participate in ICO's?
Post by: mikyadel on October 22, 2017, 11:20:54 PM
go to ICO you want then ask them whether you can join or not !


Title: Re: Can Canadians participate in ICO's?
Post by: 777asianinvasian on October 22, 2017, 11:22:40 PM
Everything is ICO dependent but in general yes Canadians can participate in most if not all ICOs. The main restrictions I keep seeing for ICOs is for people in the USA and also sometimes for people in Singapore. You okay  :)


Title: Re: Can Canadians participate in ICO's?
Post by: hahahafr on October 22, 2017, 11:23:47 PM
Far as i know canadians can invest in ico's, but it is going to be a difficult task if you are going to participate with more than $10k because they have serious security layers for payments upto ten thousand dollars.
Anyway, i dont think that there is people who invest more than 10k, because it is a huge amount of money to participate into an ico.
But yes, you can do it as far as i know, maybe you can look for some information on Saint Google too.


Title: Re: Can Canadians participate in ICO's?
Post by: ss1980 on October 22, 2017, 11:24:40 PM
Yes, you can. here's one example - http://aaacoin.us (http://aaacoin.us)


Title: Re: Can Canadians participate in ICO's?
Post by: Anonylz on October 22, 2017, 11:52:15 PM
Yes you can do it mate, i dont know why have you opened this thread if everybody knows that only Japaneses, Chineses and those from the US are not allowed to participate in any ico or ipo that is about a new cryptocurrency. Be quiet and invest as much as you can, but only as much as you can afford to lose because a lot of ico's are only being created for scamming purposes, so be careful about those kind of programs and make a good desition about it.


Title: Re: Can Canadians participate in ICO's?
Post by: denisw on October 23, 2017, 01:19:13 AM
How exactly can a country stop someone participating in an ICO? The whole point of crypto is that for most part it can be anonymous if you want it to be.


Title: Re: Can Canadians participate in ICO's?
Post by: hgmarral on October 23, 2017, 01:24:50 AM
How exactly can a country stop someone participating in an ICO? The whole point of crypto is that for most part it can be anonymous if you want it to be.

KYC, regulation on ICO issuers and shutting down entry and exit points - e.g. exchanges


Title: Re: Can Canadians participate in ICO's?
Post by: denisw on October 23, 2017, 01:46:34 AM
Still nothing stopping an american holding bitcoin / ether on cryptopia or in their own wallet - then sending funds to the ICO wallet address (ico thats not based in the US)

 


Title: Re: Can Canadians participate in ICO's?
Post by: subG on October 23, 2017, 02:06:49 AM
It will depend on the ICO you plan to participate in.  Some ICO's don't have any restrictions.  Some don't allow USA and China residents.  I don't think I've seen one that restricts Canadians yet.  I might be wrong though.  Just read the whitepaper and it should have the information in there.


Title: Re: Can Canadians participate in ICO's?
Post by: Saifher on October 23, 2017, 02:09:23 AM
Usually most ICOs are only blocked for United States citizens, so Canadians should be fine. You have to check the specifics of a coin sale on their own website if you want more precise information.


Title: Re: Can Canadians participate in ICO's?
Post by: walou on October 23, 2017, 02:11:38 AM
most ICO's I've seen asks if you are a US citizen and I haven't seen one asking if you're Canadian


Title: Re: Can Canadians participate in ICO's?
Post by: Haynes on October 23, 2017, 02:17:14 AM
Hey guys,

I've been really wanting to participate in some ICO's but i live in USA. I was thinking about doing the VPN thing but I am now learning about KYC compliances so I guess I wont be able to do that :(

But I have some family that were born and live in Canada. Would they be able to participate in ICO? because I can tell them to buy me some lol.

I want to buy some UTRUST
which I know, all ICO have rules and conditions that must be followed. but usually wherever we may participate in the ICO while we are able to follow the rules.
and remain cautious because of the many scams that circulate.  ;D


Title: Re: Can Canadians participate in ICO's?
Post by: benthach on October 23, 2017, 02:36:14 AM
Hey guys,

I've been really wanting to participate in some ICO's but i live in USA. I was thinking about doing the VPN thing but I am now learning about KYC compliances so I guess I wont be able to do that :(

But I have some family that were born and live in Canada. Would they be able to participate in ICO? because I can tell them to buy me some lol.

I want to buy some UTRUST

anyone and anywhere in the world can participate in ico's at this point.


Title: Re: Can Canadians participate in ICO's?
Post by: BoonTech on October 23, 2017, 02:39:37 AM
I am looking to create an ICO announcement thread here on bitcointalk. Looking for any one who provide that service I will appreciate it. Or I can get your junior member thread. Please contact me at @BoonTech (telegram handle)


Title: Re: Can Canadians participate in ICO's?
Post by: cryptokitty on October 23, 2017, 02:52:03 AM
Hey guys,

I've been really wanting to participate in some ICO's but i live in USA. I was thinking about doing the VPN thing but I am now learning about KYC compliances so I guess I wont be able to do that :(

But I have some family that were born and live in Canada. Would they be able to participate in ICO? because I can tell them to buy me some lol.

I want to buy some UTRUST

I guess, all can participate in ICO. I have no idea about the restrictions in joining the ICO but my friend told me about the restrictions in US but you are from Canada so there's no problem with that.


Title: Re: Can Canadians participate in ICO's?
Post by: MiF on October 23, 2017, 02:55:15 AM
Hey guys,

I've been really wanting to participate in some ICO's but i live in USA. I was thinking about doing the VPN thing but I am now learning about KYC compliances so I guess I wont be able to do that :(

But I have some family that were born and live in Canada. Would they be able to participate in ICO? because I can tell them to buy me some lol.

I want to buy some UTRUST

Bitcoin was not declared legal in Canada but also not ban therefore Canadian citizen can free to participate in all ICO. Canada is ok with bitcoin to be use in bitcoin establishments  but not as legal tender so this must be enjoy by investing and earning while bitcoin was free of tax in which lot of ICO now are in need of participants and investor,  just be sure that the certain ICO is not scammed so that Canadian government will not think twice of adopting bitcoin in the future.


Title: Re: Can Canadians participate in ICO's?
Post by: Duzter on October 23, 2017, 03:01:09 AM
I don't find anything in similar manner restricting the participation of people from selected countries into their ICO. Even if such a restriction is imposed, it's not that possible to keep selected users from selected countries out of the ICO program. Even with KYC norms I don't think such a restriction is possible.


Title: Re: Can Canadians participate in ICO's?
Post by: Bourbon44 on October 23, 2017, 03:09:22 AM
Yes, I agree with the above. It's usually for the US residents. If you're looking for an ico that allows us residents, look into unikoingold. Their sale ends in like 4 hours or so


Title: Re: Can Canadians participate in ICO's?
Post by: Heye on October 23, 2017, 03:15:34 AM
I'm canadian and the only ICO I can't participate is confideal :-[, I never had any problem with the others ones.


Title: Re: Can Canadians participate in ICO's?
Post by: moonblocks on October 23, 2017, 11:55:23 AM
They are not banned at present but in future Canada may treat some of these ICO's as securities and introduce regulation to govern them as such

Best to check the Whitepaper or FAQ for any restrictions but generally its only China and USA that have banned them outright so you should be clear to invest in whatever you want to at present


Title: Re: Can Canadians participate in ICO's?
Post by: SMSabuj on October 24, 2017, 05:39:55 PM
Why not? Although Bitcoin is not legal in Canada. Even then, they can join any ICO. Bitcoin is not legal in our county too. But I joined some ICO. So, they can join any ICO without any problem.
And UTrust is the best choice.  8)


Title: Re: Can Canadians participate in ICO's?
Post by: denisw on October 25, 2017, 12:08:46 AM
You can definitely participate in the ASSETRON ENERGY ICO, only Chinese and USA Residents are restricted.


Title: Re: Can Canadians participate in ICO's?
Post by: tansoft64 on October 25, 2017, 12:25:36 AM
You can ask for a friends in other country to buy tokens for you outside from your country, their is always a way and solution, there is also ICO that accepting US residence too, just try to search it on services and read their whitepaper.


Title: Re: Can Canadians participate in ICO's?
Post by: Aleya on December 14, 2017, 08:20:42 AM
Why not? Although Bitcoin is not legal in Canada. Even then, they can join any ICO. Bitcoin is not legal in our county too. But I joined some ICO. So, they can join any ICO without any problem.
And UTrust is the best choice.  8)


Canadians must participate in ico. We know that bitcoin is not legal in canada. Even then they can join different types of ico. It is true that bitcoin is not legal in our country. Even then many people join different types of ico without any problem.


Title: Re: Can Canadians participate in ICO's?
Post by: Prince Corey du Lac on April 11, 2018, 06:45:46 PM
Why Can’t Canadian Citizens Participate in Cryptocurrency ICOs?
This Canadian just came across the first ICO airdrop I cannot be a part of,
.prontapay
it says,
I hereby confirm that I am not a resident, citizen or entity of the US, Canada, the Peoples republic of china or Singapore or of any other country where you are not legally permitted to participate in this token sale.

Not sure why this is happening now, must be pressure from the USA, http://fortune.com/2017/08/28/canada-ico/

While Canadian regulators have not addressed airdrops, an argument could be made that an “investment of money” has not occurred in an airdrop scenario, and that the first prong of the test for investment contracts set out in SEC v. W.J. Howey Co. (Howey) fails on this basis. https://www.lexology.com/library/detail.aspx?g=70447a1c-5ee0-44c3-8ef0-9233cb429d63


Title: Re: Can Canadians participate in ICO's?
Post by: Crypto-capitalist on April 11, 2018, 08:31:43 PM
I'm canadian and the only ICO I can't participate is confideal :-[, I never had any problem with the others ones.
My friends lives in Canada and they invest in ICO too.


Title: Re: Can Canadians participate in ICO's?
Post by: Zeraphine on April 12, 2018, 05:16:26 AM
I’m not sure about the tokens you want to but. But i’m sure that Canada residents can take part in ICOs and claim their dividends on regular basis.


Title: Re: Can Canadians participate in ICO's?
Post by: abake on April 12, 2018, 06:41:42 AM
The whole of the ICO I participated last year allowed Canada residents to purchase from the ICO. I don’t know if there is any change recently but if there is no any restriction yet for Canada residents on Ico participation, then they are good to go.


Title: Re: Can Canadians participate in ICO's?
Post by: mummybtc on April 12, 2018, 07:11:33 AM
Yes but not all, I have seen some ICOs excluding Canandian citizens from their ICO but not all. Only citizens of US and China are usually excluded from ICOs recently, you need to also read the requirement. But I don't think you can't buy them on exchange, If I like a coin I will buy them on exchanges


Title: Re: Can Canadians participate in ICO's?
Post by: coastbank on April 12, 2018, 07:16:42 AM
As far as I remembe I don't see any ico excluding Canadians. Its most about USA or China or Singapore.
Anyways not joining ico isn't that bad you can still buy those coins after their release and AS FAR AS I KNOW its not illegal buy product on market.


Title: Re: Can Canadians participate in ICO's?
Post by: gowobonyok on April 12, 2018, 01:31:33 PM
but if you look at any ico rules, there are no restrictions for certain countries. the only restriction is for the rank of the member to participate. like a newbie does not follow, and now some do not allow jr.member to come along. that's all I know.


Title: Re: Can Canadians participate in ICO's?
Post by: Olatunjex on April 12, 2018, 10:40:41 PM
There are icos that restrict citizens of some county from participating in ico due to regulations especially US citizens. In ico i have took part in i rarely see Canadian citizen being restricted.


Title: Re: Can Canadians participate in ICO's?
Post by: OlinEmerson on April 12, 2018, 10:45:19 PM
Hey guys,

I've been really wanting to participate in some ICO's but i live in USA. I was thinking about doing the VPN thing but I am now learning about KYC compliances so I guess I wont be able to do that :(

But I have some family that were born and live in Canada. Would they be able to participate in ICO? because I can tell them to buy me some lol.

I want to buy some UTRUST

Yes off course you can anyone can participate


Title: Re: Can Canadians participate in ICO's?
Post by: icocheckr on April 13, 2018, 05:35:42 AM
it depends on which ICO :D