Will ICOs be banned worldwide?

[demsybtc]

'Initial Coin Offering (ICO)' An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

Many ICOs are out there in the market, some are legit brilliant ideas, while some are merely scams leveraging from its non-regulated decentralized nature.

First country to ban was China. The country's authorities have ruled that initial coin offerings are illegal and has banned them from taking place. The Peoples's Bank of China (PBC), the country's central bank, and other regulating authorities have said companies raising cash via a cryptocurrency or digital token will not be allowed.

The ban comes after South Korea noticed that “raising funds through ICOs seem to be on the rise globally” and domestically.

The idea of an ICO was to fund raise yet benefiting investors globally, however due to its concept and lacking of due diligence, some deemed as an opportunity to ponzi scam yet getting away easily as there are no governing bodies yet.

In my opinion, it will be a matter of time this idea of ICO will either be pressed down and destroyed or stringent rules and regulations be implemented. In that case, wouldnt ICO be just another IPO yet money lost to organizations in between charges and fees? What are your views?

[Morphling]

i think it will not be banned across the world, but regulation maybe, the abuse of ico make a huge influence on economic and financial development, especially most of ico are scams,there will be a chain reaction if one project run away

[Emoclaw]

The US doesn't seem to be as aggressive as China and North Korea towards ICOs, apparently leaning more towards regulation, except for when the ICO is a security.
ICOs can be a healthy way for fundraising through cryptocurrency but they need to be regulated.
However it is imperative that world leaders see cryptocurrencies as good first, let alone ICOs. Recent news about Russia and cryptocurrency exchanges aren't all that good.

[beetlejam]

I don't think they will ever be fully banned, instead just regulated.

People will always find a way to work around regulations or they will simply change something so the ban wouldn't apply.

[FutureC0in]

I don't think they will ever be fully banned, instead just regulated.

People will always find a way to work around regulations or they will simply change something so the ban wouldn't apply.

I agree, ICO will be more regulated instead of total banned. Perhaps it need to go through dedicated agency that perform the screening for new ICO.

For this reason, I have vested in Kickico. Please check it out if you have not heard about it.

[cryptor47]

Regulations are coming and I'm pretty sure this will be good for the whole crypto space, disincentivizing scam ICOs.

[onrise]

Regulations are coming and I'm pretty sure this will be good for the whole crypto space, disincentivizing scam ICOs.

China decision will definitely be impacting the way other countries now might look at ICO. As being the leader for years now in cypto currencies China decision might have already effected some countries where govt is still considering the btc to be made legal or ban it. So might be case where ICO may be considered as illegal because raising money from the public and they may run away so either they would require a license or govt will just ban it.

[crazylikeafox]

The US doesn't seem to be as aggressive as China and North Korea towards ICOs, apparently leaning more towards regulation, except for when the ICO is a security.
ICOs can be a healthy way for fundraising through cryptocurrency but they need to be regulated.
However it is imperative that world leaders see cryptocurrencies as good first, let alone ICOs. Recent news about Russia and cryptocurrency exchanges aren't all that good.

US is pretty strict they shut down an ICO before airtoken did a strict KYC and alot of its potential investors wasnt able to participate

[Rastadon]

The US doesn't seem to be as aggressive as China and North Korea towards ICOs, apparently leaning more towards regulation, except for when the ICO is a security.
ICOs can be a healthy way for fundraising through cryptocurrency but they need to be regulated.
However it is imperative that world leaders see cryptocurrencies as good first, let alone ICOs. Recent news about Russia and cryptocurrency exchanges aren't all that good.

US is pretty strict they shut down an ICO before airtoken did a strict KYC and alot of its potential investors wasnt able to participate

But this time artoken are trying to do the saft to make the us investors can participate in the crowdsale and is that true? i meant about will SAFT give any impact to allow the us investors participating in the arttoken ico?

[Red-Apple]

fundraising with ICO is not exactly legal now to be banned in the future! and with the increase in the number of crappy projects, a lot of scams and the fact that many countries have already banned ICOs i would not be surprised if pretty soon all or nearly all countries banned ICOs entirely.

there is always some people who will ruin it for all of us...

[bongiu]

Yet many ICOs are truly SCAMS, many of them are NOT. In my opinion, it's the investor's fault to invest his money in a project that may not look promising in the end due to various factors.

[helin9108]

In my oipinion there are  genuine ICO and scam ICO, one side with genuine ICO both invester and promotors makes money otherside with scam ICO only promotors makes money.In this situation if there some strict regulation comes, it will help lot of invester's money saved and some really genuine and good company can rise much needed funds.So there should be good and strict regulation should be intiated.

[MartiniBlanco]

ICOs are not getting banned worldwide. Its dont makes sense... ICOs are still good, the problem is just, that everybody abuses ICOs.. We need some regulations to start an ICO!

[dinoloverpete]

ICOs are not getting banned worldwide. Its dont makes sense... ICOs are still good, the problem is just, that everybody abuses ICOs.. We need some regulations to start an ICO!

Exactly, ICOs will never be banned, that is like banning all new business start ups. Simply there needs to be better regulation and controls in order to protect investors from scams.

[Quantex]

'Initial Coin Offering (ICO)' An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

Many ICOs are out there in the market, some are legit brilliant ideas, while some are merely scams leveraging from its non-regulated decentralized nature.

First country to ban was China. The country's authorities have ruled that initial coin offerings are illegal and has banned them from taking place. The Peoples's Bank of China (PBC), the country's central bank, and other regulating authorities have said companies raising cash via a cryptocurrency or digital token will not be allowed.

The ban comes after South Korea noticed that “raising funds through ICOs seem to be on the rise globally” and domestically.

The idea of an ICO was to fund raise yet benefiting investors globally, however due to its concept and lacking of due diligence, some deemed as an opportunity to ponzi scam yet getting away easily as there are no governing bodies yet.

In my opinion, it will be a matter of time this idea of ICO will either be pressed down and destroyed or stringent rules and regulations be implemented. In that case, wouldnt ICO be just another IPO yet money lost to organizations in between charges and fees? What are your views?

I don't think they will be banned but they will face very serious regulations and laws worldwide because the countries don't want their citizens' money to flow into another country's digital projects. That's the reason why they are coming up with such cases.

This can be good for ico ecosystem but at the end the contributions may be very limited due to these regulations.

[pjmis]

I would say regulations. The goverment wants a piece of the money most likely so in my opinion its more about how can we get money.

[ahtremblay]

Maybe ICO is not controlled by law now because it's very new in the world. But in the future, governments will set the law to control it instead of banning. Because ICO has many advantages for startup community and government wil collect tax from this activity.

[crptotrader007]

After all the incidents took place and so many threads about ICOs there is just one conclusion that ICO may or may not be banned but it will surely be regulated. Personally speaking, ICOs  won't be banned since countries like France and Taiwan are adopting regulated ICOs which shows a good support for the ICOs. Many other countries have regulated ICOs which means that it won't be banned any time soon. May be there will be some temporary bans but then they will be lifted too.

[Remainder]

I think it can't be happen to ban ICOs worldwide but some country has already ban ICOs like China, there are many benefits that government can get from ICOs like tax, my county don't ban ICOs an in fact they make some regulations on it.

[kenkoy]

'Initial Coin Offering (ICO)' An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

Many ICOs are out there in the market, some are legit brilliant ideas, while some are merely scams leveraging from its non-regulated decentralized nature.

First country to ban was China. The country's authorities have ruled that initial coin offerings are illegal and has banned them from taking place. The Peoples's Bank of China (PBC), the country's central bank, and other regulating authorities have said companies raising cash via a cryptocurrency or digital token will not be allowed.

The ban comes after South Korea noticed that “raising funds through ICOs seem to be on the rise globally” and domestically.

The idea of an ICO was to fund raise yet benefiting investors globally, however due to its concept and lacking of due diligence, some deemed as an opportunity to ponzi scam yet getting away easily as there are no governing bodies yet.

In my opinion, it will be a matter of time this idea of ICO will either be pressed down and destroyed or stringent rules and regulations be implemented. In that case, wouldnt ICO be just another IPO yet money lost to organizations in between charges and fees? What are your views?

Possible, china has started it, then South Korea, and now Russia. There ano rules and regulations set for ICOs and some are getting away with it by scams. Some are using social medias to get their coin hyped. I believe the government and banks should bamn only those illegal ICOs. They need to set legal actions to mandate these kind of stuffs. Though, banks are afarid of cryto taking over its position in the market.