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Author Topic: Will other countries too ban ICO soon?  (Read 1741 times)
Mi5h0
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September 04, 2017, 08:00:47 PM
 #21

Similar regulation may soon be coming to USA, too. This July, SEC warned that ICOs were being used to sidestep the law, and last week the agency issued another statement describing coin offerings as potential scams.

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September 04, 2017, 09:19:17 PM
 #22

I´ve read that Chineses can´t participate in the ICO´s inside China, but stil cann buy coins ( BTC, XEM , ETC ) and participate in other ICOs outside of the country, like Dimcoin, Bankera, etc..

It can be very good for the ICOs ongoing. Can atract a high demand from China.
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September 04, 2017, 09:29:31 PM
 #23

I think not. I am sure that China will unban it, because of the pressure outside. People in China already are furios.

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September 05, 2017, 04:25:58 AM
 #24

I think it's will only happen in China. Other gov is try to control ICO.

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September 05, 2017, 04:34:33 AM
 #25

Korea won't ban ICOs, but apply much stricter regulations moving forward

https://www.cryptocoinsnews.com/south-korea-tightens-bitcoin-regulations-will-punish-icos-report/

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October 08, 2017, 11:48:49 AM
 #26

I dont think that other countries will ban ICOs soon. China is just freaking out at the moment. I mean why should they follow them? The people just need to do a better research, before they invest their money in crap!
In China most user's are misuse the initial coin offering. So china was ban. This problem is explore in many countries. Most of the countries are said to ban ICO, But not completely ban in china it is on process.

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October 08, 2017, 07:16:32 PM
 #27

I dont think that other countries will ban ICOs soon. China is just freaking out at the moment. I mean why should they follow them? The people just need to do a better research, before they invest their money in crap!
In China most user's are misuse the initial coin offering. So china was ban. This problem is explore in many countries. Most of the countries are said to ban ICO, But not completely ban in china it is on process.
There should be a proper way to make it, nof banning it fully, but minimizing only the ICO, China bans ICO for the threat that can cause only to get scammed or being fraud. If only ICO can filter then it be a lot easier not to be a victim.







             
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October 08, 2017, 08:39:41 PM
 #28

In my opinion, the total prohibition of the ico is idiotic. Not many will make o & m, or will act like China, banning the ico at the time for its subsequent resolution and regulation.
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October 08, 2017, 11:43:02 PM
 #29

I dont think that other countries will ban ICOs soon. China is just freaking out at the moment. I mean why should they follow them? The people just need to do a better research, before they invest their money in crap!
In China most user's are misuse the initial coin offering. So china was ban. This problem is explore in many countries. Most of the countries are said to ban ICO, But not completely ban in china it is on process.
There should be a proper way to make it, nof banning it fully, but minimizing only the ICO, China bans ICO for the threat that can cause only to get scammed or being fraud. If only ICO can filter then it be a lot easier not to be a victim.
Yes I believe there is needed for regulation of ICO as there are many ICO lately that needed to be verify. As we can observe also there are many scammers. Thus, regulation is better to implement and it is good for all and for the investors as well.

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October 09, 2017, 02:16:35 AM
 #30

Cryptocurrency or ICO is not popular in our country and only a few knows how BTC works that's why I may say that it will never be banned and if in case that BTC will be promoted here, I don't think that it will be banned just like what happened in China because for the fact that most of us can earn money without any capital by just joining any campaign and I think people in our country will benefit once they know how BTC works.

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October 09, 2017, 05:23:08 AM
 #31

Cryptocurrency or ICO is not popular in our country and only a few knows how BTC works that's why I may say that it will never be banned and if in case that BTC will be promoted here, I don't think that it will be banned just like what happened in China because for the fact that most of us can earn money without any capital by just joining any campaign and I think people in our country will benefit once they know how BTC works.

Banning may not be on the idea of other countries. Unless there's a group of people that are into economic protest or get victimize by the ICO like what some Chinese investors gets afraid that's why they banned it.



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October 09, 2017, 05:56:54 AM
 #32

XTRABYTES will soon shine as ICOs increasingly are banned as they break basic security laws. XBY Dapps business model doesn't need an ICO or new token.

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October 09, 2017, 06:16:02 AM
 #33

Other countries won't ban ICO and China won't stay with this ban. They will find a way to allow ICOs but probably with more some regulation and the ICO projects themselves will be carefully to show a working product.

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October 09, 2017, 09:54:42 AM
 #34

It doesn't really matter because none of other countries as big as China and USA. Even if they ban ICO's it won't affect market as hard as this news. I think China will lift this ban soon too, they can't ban, they want to regulate. USA banned ICO's and everybody saw the consequences. It's their loss, not ours. Wait patiently and you won't lose your money. Don't sell any coin at loss.

You forgot about Korea.

I think all countries will regulate ICO's, so the party is over. Especially will be important the case of Korea and Japan.
Is Korea truly big enough? There were news about Korea banning icos and closing exchanges but the market didn't notice that. What's more, I believe exchanges are still working as if nothing happened (for example, bitfinex was supposed to be closed), so I guess icos are hard to ban in liberal-oriented countries and most of countries don't really affect the market. I think that ico panic is over and, even though it is possible that icos will become more and more regulated, prices of coins won't suffer from that much anymore.
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October 09, 2017, 10:06:05 AM
 #35

I don't think this is really important. Only the bigger countries such as China and the United States of America matter to this subject. I mean what would the difference be if a smaller country like France would ban ICO's? I don't think it would influence the market nor the price of the ICO's.
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October 09, 2017, 10:42:46 AM
 #36

I think some will do because some countries are so strict on things like that, they want to do all of projects like that should be covered by the law. They want their government be part of their country and should pay every bill that a project should pay. Also, they want every ICO to follow thier rules and regulations. On the other hand, some countries will not ban those ICOs because some countries are not strict on things like that because some countries just focus on their culture and traditions, and their country as a whole.

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October 09, 2017, 10:56:29 AM
 #37

I think it is temporary. China will at least give permission to exchanges. They banned ICOs to stop it immediately because regulations are not ready now and people will lose money because of scam projects.

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October 09, 2017, 11:22:49 AM
 #38

china is now banned ico, but that does not mean ico will be destroyed,
we must remain calm and follow the course

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October 09, 2017, 12:18:22 PM
 #39

China banned ICO, but is it temporary or constant?
what other countries will ban ICO?
ICO is a development of market, I really think so
but they should be regulated to decrease scams

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October 09, 2017, 12:32:42 PM
 #40

France? i am not sure but i think i saw it on Facebook crypto news page today, not sure if real

Then, malaysia Might be affected. or Might not, it will be declare at the end of year :/

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