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Author Topic: Why are ICO banned for some countries  (Read 296 times)
SerHodlot
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January 12, 2018, 03:26:46 PM
 #21

lack of government laws and regulations around ICOs is the reason for countries banning them... it is a threat to their current financial systems, traditional VC investment fundings..

some will argue that it is to stop scams, ponzi schemes, and people throwing in money into high-tech pump and dump schemes, but that is just the tip of the iceberg.. but let's face it, most governments do not really concern themselves with the financial well-being of their nationals.. esprcially on a mass scale. 

if a government can't control it.. then they ban it.. simple solution in their eyes.
Bigburci
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January 12, 2018, 03:56:05 PM
 #22

Nearly all of the ICO-s restrict USA citizens to buy in to their respective ICO-s. Probably because of some USA laws that restrict this. Is there any way to still buy into an ICO if you are USA citizen?
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