Should ICOs be regulated

[MakeMoneyBtc]

Probably that's the only way we can stop scammers opening new ICOs every day since peoples money would be protected by a law or something. But regulating ICOs seems like a hard task to complete since governments don't really like cryptocurrencies and I am not sure I they want to regulated them.

[1714763514]

1714763514

[1714763514]

1714763514

[1714763514]

1714763514

[modmalaney]

To protect investors or bounty hunters, regulations must indeed be made. So that this regulation will limit or eliminate fraudsters in Crypto. Indeed, it takes hard work to get rid of scammers, I'm sure I can definitely protect Crypto customers.

[H1N1]

Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.

I suppose a regulatory body be set up to audit the ICO process and the  founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?

First, we need to know what is the purpose of regulation in ICO.
If the purpose is to protect investors from scam projects ICO, then it should be regulated indeed.
But if regulation have no positive purposes, ICO should not be regulated.

[MOProgress]

Personally I support the idea of ICOs to be regulated, I believe if ICOs are regulated, it will reduce the level in which people get scammed through ICOs.

[shooleh]

A regulation must be applied to avoid fraud attempts. But with the regulation, there will be pros and cons. Because usually, these regulations can limit our work in Crypto. Is everyone ready for this rule?

[laredo7mm]

Of course at this time ico has lost interest due to the absence of a regulation that can provide rules for ico so that anyone can make and commit fraud, this is the worst effect in ico where regulation does not exist

[DainSLane]

I agree that ICOs will be regulated in that case we can avoid scam ICOs when it regulated by the government, the investment from the investors are totally secured. I think with this regulation the crypto market will not be manipulate.

[X-ray]

Of course at this time ico has lost interest due to the absence of a regulation that can provide rules for ico so that anyone can make and commit fraud, this is the worst effect in ico where regulation does not exist

Investors are even smarter than before, and they already known about what should they do. it's mandatory for everyone to do their own research. Regulation frame work can't help a lot in this case if the ico runs in the different country. you must understand about that.

[OptimusPrime_3]

Yes I think they should be regulated reason is because of the high rate of scam which has increased in the crypto sphere. With regulations, this criminals can be dealt with. I know this was not the initial plan for crypto but now I think it's needed

[strunberg]

Of course at this time ico has lost interest due to the absence of a regulation that can provide rules for ico so that anyone can make and commit fraud, this is the worst effect in ico where regulation does not exist

Investors are even smarter than before, and they already known about what should they do. it's mandatory for everyone to do their own research. Regulation frame work can't help a lot in this case if the ico runs in the different country. you must understand about that.

market crashing teached them how to avoid big losses in this market.and now they now which coins / projects good or not.by learning from their experince i am sure they know how to choose projects.

[april08]

Scam is really worrisome to the thriving of the industry. Most of investors who has fell victim of it are scared of some real once. Once bitten twice shy. Authorities should scrutinize these project more before let them have their way. 

[Darker45]

ICOs should indeed be regulated. We simply cannot do with scammers everywhere. But the responsibility should fall to particular countries. Countries should have strict laws as regards the proliferation of ICOs. They should be putting mechanisms to make sure that their citizens are kept from fraudulent ICOs. But the task is a heavy one. There are hundreds of ICOs. They may start with the basics. For example, the people behind the company. Most scam ICOs are either stealing names and picture or creating bogus ones.

This forum should also have such screening mechanism.

[rencong bitcoin]

I agree with your opinion, but unfortunately this has not been done by related parties, so that ICO makers will be increasingly free to spread fraud and disappear from the world, this is a very unfortunate thing, I hope in the future there will be a strong legal entity with special rules for ICO manufacturers so that they are bound by the law.

[agusiska]

of course it must, so maybe we never see scam ico again, if ico be regulated by someone or something, many scam ico has succes rob investor money.

[Viscore]

of course it must, so maybe we never see scam ico again, if ico be regulated by someone or something, many scam ico has succes rob investor money.

The government are already aware of this scams, they only give warnings as not all is under their jurisdiction, maybe those who are in the US and trying to scam through ICO will be punished under the law, but most countries has no recognize crypto yet through a law, so scammers are still freely do their thing here.

[Maria Dent]

In fact ICOs now are nearly dead already, so the situation will be even worse then. But it is a good filter for ICO projects and ideas. Many good and strong ICOs are venture projects in fact that use crypto to collect funds.

[Renampun]

I strongly agree and support if the ICO supervisory institution is formed, I am very confident that within a few years governments around the world will begin to discuss this matter, ICO is very useful if used correctly, even can help a country.

[bitcoinst]

Why do you think now many banks started issuing their stable coins, for the very reason that they want to infiltrate the crypto sphere and partially regulate it.

[Clearstream]

If government agencies regulate ICO. The development of the encryption market is beneficial. It will enter a virtuous circle. But everything has two sides. Regulation also means taxation.

[YinShuiSiYuan]

Personally I support the idea of ICOs to be regulated, I believe if ICOs are regulated, it will reduce the level in which people get scammed through ICOs.

Some ICO regulations should be introduced due to the protection of investors' money. The scammers by their actions practically destroyed the idea of ICO and led to the current situation and loss of confidence in ICO by investors. Apart from the general situation on the market, of course.