Bitcoin Forum

So how the ico sales and buying will look like after sec will regulate the ico.

What will be changed for investor if the new system will be  for the ico-s ?

Then investors will be advised by SEC if those ICOs are good/bad.

SEC Official: ICO Market Shows Need for Securities Regulation (https://www.coindesk.com/sec-official-ico-market-shows-need-for-securities-regulation/)

SEC releases draft rules on initial coin offerings (https://www.bworldonline.com/sec-releases-draft-rules-on-initial-coin-offerings/)

In current ETF is also critical to pass because most of the failed in the market. SEC is improve the liquidity and durability so many peoples are believe the crypto investment. But most of the time crypto is highly fluctuating in the market and there is no negative rumours are affected in the market so the only dought is how it it was going to down gradually in the market. I expect this time also it will failed again so don't trust the SEC.

Dont trust Sec but whats the point of this SEC then.?

So they want to take ico-s.  Like under goverment regulation control?

The next will be:  STO security token offering....

What is the sto even ?? Why they cant keep it just as ico
Regular ico just

thanks. nice site. so people still invest into ICO. just because they dont invest into many trash ICO like the day before

Whether people want to regulate projects, on the one hand, there will be a minimum number of scammers, but on the other hand, with this regulation, investors will invest even more investment and wait even longer.

There will be a more focused market with a lot of trust and confidence from both the investor and the ico.

Regulations come with limitations and order, so there will be restrictions to how many unit of coin to be sold by the ico based on there capital, project and goal.

Likewise the buyer too will be restricted on how many unit to buy at once or totally acquire. This is to enable other investors to come and bring their own support too to make competition come in which will help in the long term.

Let the bill pass first because there is no use to discuss before SEC does the legal acceptance on ICO and altcoins. if the value grows it is not relay on the decision on SEC only we need more adoption and acceptance by government other side.
If these things happened investors will be taken it serious and invest more on ICO and alt coins in coming years.

I strongly agree that ICO can be regulated by a regulation and I am very supportive if the objectives of the SEC protect every investor and can guarantee that once the regulation is made there is no more scam project. But with the note that the SEC only regulates icons from the United States alone and for ICO from other countries, there must be an official regulator from the country of origin of ICO.

much SEC can do is to protect dumb and lazy investor being scammed by fake ICO.

ICO regulation is inevitable, it will help the market to stabilize (regarding to risk rather than price) and further grow. Some of rules in the draft are actually on point and should be taken by any ICO.

Expect the market to be cleanse from shitty ico trying to earn a quick buck, or projects with vague ideas created with the sole purpose to attract investors only to exit scam at a later time.

Having a regulatorty framework making sure that the cryptosphere stays "healthy" from ico scams will help investors to trust the project they're investing in as ICOs will go through severe rules and only legitimate projects will survive. Hopefully, things will change for the better, and regulations will help attract more capital in the crypto ecosystem in the future.

Ok its always order out of chaos.
Right now the market un preticteble..un regulated, but hey...we all remember that anything what is now regulated was long time ago unregulated.

If the SEC starts to regulate the ICOs it will filter scan ICOs to an extent as ICOs would need to pass their regulations first, however it will still not be a hundred percent sure that scam ICOs will be scam free and it will not also insure that very ICOs will be successful that is why even if it has been passed an investor should still be deligent in choosing.

It will be so difficult to imagine but there will be a lot of requirements for ico provider to be compliance with SEC regulations or i think that will almost impossible for me personally consider so many times ETF has been rejected bitcoin application and that means they are still not trusting crypto.

I have heard that the SEC is prosecuting and is going after scam ICOs already. But there are thousands of these and SEC  don't have enough man power to go after them, it'd take them years,and by that time the scammers would have run away to a getaway haven by then. The ICO market hasn't changed at all, even after SEC's warnings and prosecutions. Oh,except for random websites in the name of ICOs asking for your KYC, even if you're an apparent bounty hunter. #FeelsBadMan.

i think so many ICO' restricted to USA citizen, and SEC yurisdiction is only USA citizen right? a lot of investor out of USA, not have to worried about SEC

I don't care about SEC regulation. for any reason including protecting investors from losses, I am sure and believe that ICOs and crypto currencies will continue to develop without the SEC regulatoin. because we have our own community

Perhaps SEC regulation will not cut out 100% of the cheats but, because of how they are regulated, the SEC does know who to come after and perpetrators will be put in jail.

How many unregulated scam artists are behind bars now?

Not true. I've just gone through the process and we will be available to both U.S. and foreign investors.

What you are probably thinking about is the fact that SEC regulated companies must be based in the U.S.

At first, this is a bad idea for the crypto community. But as what is happening right now, this is the best move and what the community needs for a greater and better crypto community.

So many fake ICO's and scam projects and I think being regulated by SEC can secure the trust of many investors again. This is what we need right now, the market is stable right now and there is no major improvements. If we want to see this market again, let's accept that government can really make this market more secure in the future.

i think insurance
SEC not approv random things as they want like kids
but for investment security
so if it legal, the ico should be a really save and profit guarantee, if its not match the contract the ico owner could be sued in law
#imo

I agree with you, because indeed an investor must be truly protected, because investors are a group of people who succeed in an ico.
without an investor, an ico cannot be said to be successful.

And that's the reason why SEC was protecting their investors from ICO. Remember about what has already happened with centra and there will be a lot of lesson you can try to take a look on that case dude.
As you can see that how centra was being a scam project and CEO that used the money from ico to buy a super car.

Many people are loosing money in icos investments because it is not regulated and those that were able to make money from icos were those that were able to invest on those good projects that come out last year and years before.  Sec need to regulate this market in other to bring sanity into it.

certainly no more scam if regulation ico is regulated
and ico will continue to be in demand by the public, but the ico regulation must be strict so that no one else will be harmed when the ico product is finished, it will still run real

indeed it becomes a very valuable lesson for all investors.
especially if you are a big investor, it is a risk that is quite hard to live.
a lot of scam projects now, which hurt many investors

Maybe it will change whole. Because the SEC wants every transaction to be transparent, more detailed. But it seems that the Crypto representative does not want this and that is why the SEC has refused to enter the Crypto market and canceled the Bitcoin ETF.

All of companies that issued Bitcoin ETF applications are based in the US but so many times they are all getting rejected or even ignored by SEC. It's a bit difficul to explain but to fill all of SEC compliances look so difficult. We will see another rejection to the bitcoin ETF in the future and that's just the matter of time.

That is actually the main idea and in as much as some people may want to have some problem with regulation, I believe in the long run it would bring more good than harm.

We sure see without some form of law in place, it is human nature for some to want to do things the way they like and try to steal from investors. The trust is diminishing in the ICO space, and we keep seeing shit coins evolving every day and some naïve investors still falling into the trap, with regulations, it would really reduce a whole lot of that and bring about a more matured space for investors and even bigger ones to want to come into the space which is a good thing.

ICO is needed regulation for protecting investor, so many ICO scam and run with investors money..but SEC just protecting USA citizen

Has this been done, I think it must be done, I think the current model is not completely safe, let alone many ico scams happen when the price of bcc goes down

yeah right bro, and hopefully with this regulation all ico will be successful and legit.
so investors will return to buy coins on ico.
and this is not just an investor who will feel it, but the bounties will feel it

May as well stay away from ICOs, the only reason why people were making money before was because hype.

None of the hype exists anymore.

Unfortunately, many people think like you. Regulations are needed - especially to save people like you from losing money - without regulation, this money is unrecoverable without long-term processes. Personally, I am against regulations, but when I look at how people lose money irretrievably just because of their stupidity, I have to agree that legal regulations are needed.

And if icos gets regulated we will be having a fresh start for crypto space and people with evil plans will think twice before they execute their plan. Hopefully a strong regulation will further happen and those who have been guilty should be penalize.

However, this will take a lot of time to happen since SEC is still in the middle of ETF and ico regulation needed a lot of talk.

We have all seen over the years that without regulation, the possibility of seeing the space being corrupted by so called scammers and gullible investors will always be there and it is obviously something that would be needed to put some law and policies in place which I believe the SEC will be smart about it, rather than bringing up a regulation that would affect the space hugely.

In that case, I believe that a lot of shit projects will go into hiding and it would be hard to see scammers trying to show their face when investors can easily verify if they are complaint regulation-wise or not. I believe this would help the space to mature pretty fast, build confidence among investors and then grow.

That would eventually happen in the long run, but currently, the scammers are continually enjoying their profit from the newbie.
Even with lack of regulation but as long as people will not rush to investing, I mean they should make a research, educate themselves, it could help minimize the scams.

I think if there is a regulation about the ICO, it is quite convenient for the protection of investors' funds and it is certain that IO is a really convincing person who will be there. And reduce the impact of fraud.

Yes, that's what should happen, we must be able to do our own research. Because this will make us more independent and not dependent on others, so slowly our ability will increase and we will be more sensitive to ico that promises or not, also we will be wiser in managing an investment.

You are correct. SEC compliance is very difficult. And expensive. But legitimate startups know that to gain universal acceptance they must come under some regulatory guidance.

Just because BTC escaped the SEC because it was deemed a utility token does not mean that the SEC accepts that everything that operates using BTC is compliant.

Expect those who shun regulation to be in line for fines and legal proceedings.

It's only fair...

The fact is that if we take for example the United States of America, then in this country it is already at the state level to fight against fraud in companies. Thus, there are processes that do not allow fraudsters to deceive users of cryptocurrency and investors. This is a good example for other countries.

I don't think we have to change anything for investors - the company who wants to run an ICO has to register to show it to the investors. If they register and the SEC confirms it, there would be less scams and more credibility of new projects.

With regard to "leaving a footprint," the SEC process requires all founders and officers go through a background check.

Both I and my top team members had to be checked before getting approval.

And we had to pay for it.

There are countries who needs to monitor each transaction in cryptocurrency, I wonder how well they can maintain their regulations. There are many countries who experiencing crypto regulations now.

I agree.
On the other hand, I heard about the project, which was created on the basis of crowdfunding - which in the US is allowed, but each of participants got cryptocurrency tokens as shares.
So there is a way.

Monetran is now accepting both foreign and U.S. investors but we give participants units, which consist of a "share" of equity plus a token as a perk.

The tokens are utility tokens and the unit is analogous to a "share" of ownership in the company.

If there is someone to regulate the ICO then there will be less scamming happen, the buy and sales maybe going to be a bit complicated, but it will be good for crypto development, crypto can get a positive support if the investors know that they will have a better security for their investment

If it will be regulation we will see less scum, more security tokens but KYC will be required for all ICO.

IF?

I just said that the SEC regulates startups with a Reg. CF offering.

There is no "if" about it. The regulator is the SEC and it is being done NOW.

Check this if you don't believe me:  https://www.startengine.com/monetran-llc (https://www.startengine.com/monetran-llc)

Regulation is here and companies that have nothing to hide are complying with it.

Period. End of sentence.

I think sec has an important role for ico who is in America, some ico have been declared scams by sec, this is not good because it should be while ico is still selling products that can already be blocked by sec.
I think we need regulation for ico.

If ICO is regulated as investment by security and exchange  council,  the ICO space will be safe and there will be few legit and genuine ICO to invest in!  It will be advantageous to investors because it will be difficult for anyone to run away with investors money.

In today world there is no sign of regulating the ICOs market like the stock, bond or any other securities market. Because while we talk about the extraordinary features of the digital currency that nobody can track the original receiver and the sender of the identity except the transactions record in the public ledger in the blockchain. So, how any Govt. take the risk of the defaulter.

I'll be derailing this thread a bit, and I apologize in advance. You're a Newbie or let's say demoted Jr. Member, but you have 4 negative trusts already. This is actually very worrisome and you should find ways to fix your reputation on here.

About the subject in discuss,  I believe regulations will actually sanitize the crypto space and shape the quality of ICOs that launch on the space. Scam projects will be scared as they need to get certain permits to run an ICO. Ultimately, it will be the gain of investors like you and I as it would limit the losses incurred from investing in shady projects. It will also build confidence in the space and more institutional investors will pick interest.

I think this will bring benefits to all of us, both positive and negative, but with responsibility there will be improvements to the progress of the ICO for the sake of truly both investors and developers

The problems on the exchanges of the crypt calmed down a bit and cooled the market, plus it grew strongly for 2 months, so a little exhausted. The cue ball will go down soon, that's for sure.

first of all that regulation your talking about is only in the united states and long before that icos are being launched out USA before and they are succesful, so wether sec regulates it in USA or not that doesnt mattet at all, or it could boost the success of many new icos,

I agree, strange growth. On the account and strongly - probably unlikely. Personally, I'm more inclined to forecast a rollback to 1500. At least that seems like a more realistic price to pay today.

If SEC is going to regulate then one thing is sure that all customer database will wont be confidential and any time the datas can be used by the sec and if the investor is not investing legal investment then he will be in legal problem. Apart from that ICO scam will become less.

I dont think the sec will be applied to all the countries . I think sec is only applied to USA region not in Europe . But I think is a bad idea for investors because this is crypto world not real world

My assumption is that the SEC cannot do it all at once if they finally react positively, while they only focus on the crypto in the proposal that is said to have the possibility to connect to the public stock market.

for kyc and reducing decentralization space is true, but there is a space where they cannot have implications for interfering in an exchange market other than the USA.

The ICO problem is indeed a big disease this year, I hope the SEC can manage it so that it doesn't look too messy with more proportional provisions.

in any case, all this activity must be legalized, because each user of cryptocurrency has the right to legal protection in difficult situations that may arise.

Watch on news - SEC started own FinTech direction. And STO will in this branches also. It's mean that ICO will live but it will be transformed in the STO and other under the direction of SEC. It's simple. If you can't stop then lead it. SEC will do it

Old news. Scared off some already but never for those free lands that vow not to control the ICOs. And the investors will adjust not the peeps out there that will just look dumb when this space becomes mooning as fudge

I think it will be good for IO, the level of trust will be even higher and scam ico project will be avoided, I am sure that with the regulation sec, the capital invested by investors will be guaranteed its security.

Almost everyone on market is waiting for regulations. But Im not sure it will really be positive for market either. Maybe current form is better. But if we want it or not regulations will come.

Smart companies in the U.S. are proactively submitting to SEC regulations. That's because only a regulated company - and its tokens - will ever gain universal acceptance.

Investors should take that into consideration. Do you want to invest in a company which has the potential to have its currency universally accepted? Then that company will have to yield to regulation.

Right now everyone loves to talk about BTC, Ether, XRP, etc., but no major retailer such as Amazon or Walmart will accept an unregulated token any more than they would accept coconut shells.

Time to face reality.

And how long to wait for these rules? While the cryptocurrency market and the ico market of companies have a very large percentage of fraud, we are losing a lot of potential.

Less scums indeed. One thing with regulations generally is that, it brings about laws and rules that would make anyone to think twice before deceiving investors or trying to scam when they know the repercussions to that. It is only when there is no rule that you will get to see some things just happening anyhow and then there is no caution of some sort.

For instance, taking a look at Centra project in the past, and how the team was arrested for deceiving investors, those are the kind of things regulation will truly put in place as far as I am concerned. It has even shown over the years, that human being actually like being controlled, otherwise things can get out of hand.

By control, I mean there should be law and regulations in place as that would help curtail a lot of people into having to do something terrible at the detriment of other people. It is a tough world in which we will always get to see scum bags who are just looking for those they can rip off, but I believe when regulation is in place, you cannot just start an ICO without going through some verification process, investors tend to know the criteria to look out for, it will help a lot to reduce or eliminate scam in the space.

It is better sec should regulate the icos and bring stability in it than the current situation we have find ourselves.  Currently,  I am very scared of investing into icos and I think many of us are afraid too.  If governments did not step in many investors are going to be losing money.  Investors are going to enjoy if sec can start regulate cryptocurrencies market and icos in particular.

Not only are we losing potential, but real money. Scammers steal from the cryptocurrency market so much capital that would be enough for many promising projects that would develop not only new ideas, but the entire cryptocurrency market.

The SEC has asked all ICO projects to publicize their plans and information about the team. In addition, they want the Crypto market to change the way it operates. They need authentic information to be able to solve the problem in a satisfactory manner. But blockchain technology has not changed and SEC has refused to enter the market.

This sentiment is repeated many times over on these crypto investment boards.

Now investors just have to look for regulated projects to put their money on.

And yes, we are out there.