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Author Topic: Can US Citizens Participate in ICOs???  (Read 1643 times)
SainagBurra
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December 04, 2017, 06:34:55 PM
 #61

Yeah.You can participate in some ICO's with out restrictions.But most ICO's dont allow it.

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December 04, 2017, 06:41:04 PM
 #62

It looks like you have a lot of good answers already.

Basically, a lot of ICOs exclude Chinese, Singaporean, and US citizens due to regulations and laws.
There is the option of using an escrow service, but then you would have to factor in the price to use that service.
This will significantly alter the cost per coin/token that you invest in.

With that being said, let me give you some quick advice on icos:

Avoid them.

I know it is tempting to jump in on one in hopes that you can get astronomical returns later, but just peruse the forums and you will get a general idea that most people lose money through icos or the returns aren't nearly a good as just putting money into bitcoin.
There is a sort of ICO bubble now where there are just too many.
Too many projects with not enough investors along with many icos going into the same sector with way too much competition.

Nowadays, you can easily get an ico coin for the ico price or even lower a couple weeks after it hits exchanges, much safer and wiser.

Titanos
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December 04, 2017, 08:40:38 PM
 #63

Can US Citizens Participate in ICOs???
Every ICO have its rules. Most of ICO don't accept US citizens but i saw many that don't have this restriction.
You can ask support of any project. Usually, they are very active before ICO end.
kakawin
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December 15, 2017, 09:50:42 PM
 #64

The fact that Americans can not participate in the ICO is really very bad. But it's good that now Americans can buy and sell the crypto currency officially. This will benefit the development of the Crypto-currency.
GuiDonK
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December 15, 2017, 10:03:23 PM
 #65

Can US Citizens Participate in ICOs???

In the United States only accredited investors can be offered private placements of securities, and the onus is on the issuer to ensure that only accredited investors take part, lest they expose themselves personally and their company to potential criminal liabilities in the United States.

Some ICO use geolocation to block US citizens, but those can be bypassed with a proxy or VPN, but it's not legal.
Crown1
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December 16, 2017, 01:27:48 AM
 #66

For now, it seems most ICO will exclude China and the United States, since both countries have banned the ICO project, which is clearly not conducive to the development of ICO.

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abanansah
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December 16, 2017, 01:49:41 AM
 #67

A lot of ICO restrict US citizens or residents, I think is due to the nature of taxation and US authorities cold views on crypto coins.

bundo
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December 16, 2017, 02:13:56 AM
 #68

Singapore's financial regulator has announced a partnership with the US Securities and Exchange Commission (SEC) to discuss the establishment of the DAO and ICO tokens. This happened August ..
As before, they still continue to consider the case of ICO by case, and for companies running ICO campaigns to be honest when dealing with investors and not scams.
KingScorpio
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December 16, 2017, 02:23:50 AM
 #69

Can US Citizens Participate in ICOs???

jes you can, even us authorities arent decided, there are some authorities thinking X others think Y, furtheremore the us is based on liberty, stop having a "government" telling you what to do seek your own economic success.

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December 16, 2017, 02:33:00 AM
 #70

According to the SEC you should not be allowed to unless your are "Qualified Investor". 

https://www.fool.com/investing/general/2014/11/24/are-you-a-qualified-investor.aspx

Gogochen
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December 16, 2017, 02:50:53 AM
 #71

As far as I know, American citizens cannot participate in the ICO crowdfunding, because the law can define the ICO as illegal.

cryptojac17
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December 16, 2017, 03:18:22 AM
 #72

Singapore's financial regulator has announced a partnership with the US Securities and Exchange Commission (SEC) to discuss the establishment of the DAO and ICO tokens. This happened August ..
As before, they still continue to consider the case of ICO by case, and for companies running ICO campaigns to be honest when dealing with investors and not scams.
Because the government cannot control ICO , because a democratic government is free enterprise  in their statement that they will just urging the company to be honest in running ICO in dealing with investors is mere warning,the government will only intervene in case of scam because they can go after them because there is a law against pilferage that can be used for scammers, the purpose of US security and exchange commission is for the protection of their citizen against scam.

Acguy
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December 16, 2017, 03:21:27 AM
 #73

US were the first to ban ICOs so no, but you can always get them when they hit the exchange or other means.

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maxj57634
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December 16, 2017, 03:26:38 AM
 #74

For now, it seems most ICO will exclude China and the United States, since both countries have banned the ICO project, which is clearly not conducive to the development of ICO.

The government of China and US only wants to protect is citizen from being involved in ICO the are produce in the market just to scam people, It is open in the market that this is the new way to scam people and its multi million dollars investment in ICO, if an ICO have a citizen restriction then be warned for it may be a scam.
barhotka
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December 18, 2017, 06:09:04 PM
 #75

The us government wants to regulate the investment industry in the ICO. Only after that, citizens of usa will be allowed to officially participate in the ICO. Now there is a lot of deception in the industry, investing in ICO is very risky.
peleng
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December 20, 2017, 05:17:18 PM
 #76

The us government wants to regulate the investment industry in the ICO. Only after that, citizens of usa will be allowed to officially participate in the ICO. Now there is a lot of deception in the industry, investing in ICO is very risky.
I also think that the government of the United States of America protects its citizens from scam ICO projects. I think it's good, because now ICO in a lot of scam.
Igor17Krik
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December 20, 2017, 05:35:04 PM
 #77

A allowed to participate in the ICO of the company to U.S. citizens. Before you can participate you need to read the terms. Either change your IP address.

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December 21, 2017, 09:38:06 PM
 #78

The us government wants to regulate the investment industry in the ICO. Only after that, citizens of usa will be allowed to officially participate in the ICO. Now there is a lot of deception in the industry, investing in ICO is very risky.
I also think that the government of the United States of America protects its citizens from scam ICO projects. I think it's good, because now ICO in a lot of scam.
Indeed, at present there are so many scam ICO that the defense of the state will not hurt.

ronatrip
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December 21, 2017, 10:03:34 PM
 #79

The us government wants to regulate the investment industry in the ICO. Only after that, citizens of usa will be allowed to officially participate in the ICO. Now there is a lot of deception in the industry, investing in ICO is very risky.
I think this is the right decision of their government, because 98% of all ICO project are scam now
KingScorpio
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December 21, 2017, 10:23:26 PM
 #80

Can US Citizens Participate in ICOs???

the problem is that people today misunderstand an important aspects of what these governments in truth are:

financial cartels,

these are hijacked financial cartels, with a financial elite, systematically abusung the entire state,

people shoulde cease to take that serious, we need seriously to transform our societies,

not just in the west, but also increasingly in the east (asia, china, japan korea)

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