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Author Topic: Should ICOs be regulated  (Read 24152 times)
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May 30, 2019, 03:28:49 PM
 #901

Many believe that regulation is the cornerstone for ICO projects, but do not think that everything will be so simple, because in the case of regulation projects will have to reckon with the law, which will often be a hindrance in fundraising.

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May 31, 2019, 03:57:35 AM
 #902

Many believe that regulation is the cornerstone for ICO projects, but do not think that everything will be so simple, because in the case of regulation projects will have to reckon with the law, which will often be a hindrance in fundraising.
Hindrance for some who are not legit, but if the team are legit, they would follow the law and pass the requirements to conduct an ICO.
I believe the requirement is not that hard, the government purpose for ICO regulation is just to protect the investors who are at high risk here.

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May 31, 2019, 05:35:55 AM
 #903

I think that regulation is a necessary measure because there are too many scammers on the market. because of which investors are afraid to invest in projects. perhaps regulation would solve this problem.

 
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May 31, 2019, 06:03:07 AM
 #904

I think that regulation is a necessary measure because there are too many scammers on the market. because of which investors are afraid to invest in projects. perhaps regulation would solve this problem.
Permission to make is indeed important and also needs to be done for the developers ofico. this is to get the trust of the community or investors because they already have permission to be able to make funding with ico

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May 31, 2019, 06:18:29 AM
 #905

This is why never give KYC. It has nothing to do with being legit. They probably sell that info anyway or even threaten you with it who knows. Not the kind of people you want to be involved with never mind have them know what you look like and where you live.

Regulated ICO? Regulated by who? You will just have higher level crooks that is all. Corrupt regulators and corrupt regulations that only look after an elite group and noone else.
I think we should have the option to pick between regulated and none regulated ICO. It is out money to invest after all.

KYC dont have relation with the project. Most project need KYC because developers team want to comply government regulation. With regulation, at least we can report that there is a citizen need protection from government

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May 31, 2019, 06:23:29 AM
 #906

ICOs must be regulated but by their own way. There has been always a great need for secure investors but this can't be done by governments.
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May 31, 2019, 07:12:58 AM
 #907

The issue I have been raising for long. There are reports of scams and frauds taking place, which has not only discouraged investors but alto tarnished the image of cryptocurrency. The interesting fact is that scammers are walking free without any fear of being arrested. This maybe due to lack of regulations and crypto-related laws. So regulations should be in place.

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May 31, 2019, 07:33:45 AM
 #908

Definitely yes, just imaging after regulation no scammers on the ico market, every project is legit and you are confident that those guys will come up with a reliable project. It is a dream for crypto industry.
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