ICO legalities in 2020?

[release]

Even though ICO's have lost the appeal lately.

I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?

If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?

I am not from the usa but live here now. Is it a resident or a citizen issue?

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[fortunecrypto]

Even though ICO's have lost the appeal lately.

I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?

If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?

I am not from the usa but live here now. Is it a resident or a citizen issue?

The US SEC has a long arm to prosecute, expose and jail any violators so the ICO developers did not include US citizens they do not want the SEC to come after them because it's citizens loses money on their project, so it's better that they play it safe by not including US citizens to their potential investors.

[release]

Thank you.

Is the USA the only country like that?

Am I best not to invest in ICO's at all considering I now reside in the USA?

[wack slacker]

ICOs are never less attractive to us.  The SEC itself has created a better investment environment to ensure that scams do not occur as massively as in 2017 and 2018. Crypto needs to be managed if it wants to survive and develop sustainably in the future.  along with economic activities such as securities and real estate.  Crypto is still a new and hot topic in the mainstream and unofficial newspapers of countries around the world.  For large investors, the rules related to cryptocurrencies will affect their investment decisions.

[fuer44]

maybe it is an American regulation because they oversee every stock exchange, and the crypto market is also considered a stock market and needs to be monitored to help investors avoid fraud and huge losses.

[masterrex]

Thank you.

Is the USA the only country like that?

Am I best not to invest in ICO's at all considering I now reside in the USA?

I think other countries has also doing that SEC required regulation presently. their local SEC was also setting the guidelines about those ICO's and its token. If i were you i don't want to complicate anything since you are now presently residing in the united states avoid investing in ICO for a while. im sure that there was also some crypto investment base in the United states that already comply with the U.S SEC guidelines so its better to search it now.

[tiang_tower]

Thank you.

Is the USA the only country like that?

Am I best not to invest in ICO's at all considering I now reside in the USA?

Now ICO is not a good choice for making investments, only if you live in the United States, so first try to understand the rules there for crypto how, whether legal or not, if it's not legal then don't invest.

[ajiz138]

There are 2 things in my opinion that can cause the SEC to intervene on all projects in crypto:
- Use of exchange rates using USD / Bank US / US FIAT / paypal
- Areas of ICO organizers located in the USA.
Why did the SEC intervene to intervene in the crypto project from 2017-2018, because that year it was echoing ICO, due to the impact of crypto growth from 2016-2017 which had sweet results, all eyes were on the crypto at that time, so the SEC was also has the ambition to take advantage of it under the pretext of extracting all defects and ulcers that occur in the ICO including scam projects that are used as their strength to intervene. And now there are a lot of regulations that have arisen after the SEC started working in crypto like KYC. If like this crypto is no longer fun, and we already know that if we play with crypto, we are ready with the risks involved, including project scams. What I'm afraid of is that the SEC will start stalking from IEO. If at any time 60% of this IEO ends up a scam, it is very possible the SEC can get back in.

[Wysi]

This is exclusive for US citizens and I believe this applies for everyone who resides in USA so you better avoid investing in ICOs anyways ICOs always lists a number of countries who are not allowed to join which includes USA and I would say SEC has saved many US citizens from scammy projects because ICOs cannot getaway from SEC by scamming US citizens.

[oktana]

Their strict rules are also the responsibility of protecting their citizens.

The SEC can sue organizers and investors if committing criminal proceedings from actions deemed illegal, do not get involved with problems to avoid negative things. They require all new forms of investment in registered regulations, and as we know that the ICO does not meet their requirements.

[btcdie]

maybe it is an American regulation because they oversee every stock exchange, and the crypto market is also considered a stock market and needs to be monitored to help investors avoid fraud and huge losses.

Of course, each country applies its own rules, not just investment issues, but the most supervised is to transact with crypto as well. For the issue of ICO legality, it seems like all countries can access to invest, because we are currently in a free market. it's just that prohibition, because the state does not want if the population suffered losses due to ridiculous investment.

[Thomas-s]

as far as I know, SEC can haunt projects in which US citizens participate, but I'm not sure about that. if the project creates its own coin but does not comply with the SEC rules, then it can sell its coins during public sale only to people who are not US citizens, so that later they have no problems

[Cheatbtt]

if your country prohibits cryptoqurrency then the main problem is the government in that country. residents or citizens generally will always follow the regulations of their respective countries. if the American state legalizes the cryptoqurrency industry and the citizens welcome it well then that is positive news for the crypto market especially for users in that country.

[jacafbiz]

If you are a developer, looking to raise money from ICO, do not allow any USA citizen or anyone that works over there, I think SEC people are indigenous the way they are going with the regulation of the space, talking with the two side of the mouth, until we have someone in the house or senate helps out and clarify this issue, just warn USA people to stay out of your project

[sockpuppet1911]

if your country prohibits cryptoqurrency then the main problem is the government in that country. residents or citizens generally will always follow the regulations of their respective countries. if the American state legalizes the cryptoqurrency industry and the citizens welcome it well then that is positive news for the crypto market especially for users in that country.

Banning the use of decentralized cryptocurrencies and banning initial coin offerings are 2 different subjects. SEC is saying that it's trying to prevent fund raising (that can be scams) that profit centralized companies. Banning something decentralized on the other hand is next to impossible.

[stephanirain]

Even though ICO's have lost the appeal lately.

I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?

If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?

I am not from the usa but live here now. Is it a resident or a citizen issue?

The US SEC has a long arm to prosecute, expose and jail any violators so the ICO developers did not include US citizens they do not want the SEC to come after them because it's citizens loses money on their project, so it's better that they play it safe by not including US citizens to their potential investors.

Indeed, no one is supposedly above the law and until the government is not yet well favorable foe cryptocurrencies, one should not test their luck and play it safe. Crypto and regulation do not usually mix well so, it is better to understand and follow well what is only allowed in your country.

[qazgroup]

I think USA government is also working on new policies regarding crypto and most people think that it will be ease things out and they are expecting a pro crypto policy so once that comes out i am sure crypto will boom and it will eventually be accepted and adopted on the common man level also i think after this new US policy SEC laws will also soften about crypto based projects. So lets see i am sure most of the world will follow the US policy on this crucial subject and most countries are waiting for them too.

[Yaunfitda]

Even though ICO's have lost the appeal lately.

I was just wandering about the legalities. The SEC website confuses me. In the eyes of the SEC are true utility tokens still classed as securities in the USA? Is this why many companies avoid the USA when it comes to ICO's?

Yes many companies are staying away from US because of it's hard stance against crypto and if they found out that your token is security, then they might file a case against the project.

If a company from outside the USA releases a token, do they have to comply with SEC regulations to enable usa investors?

I am not from the usa but live here now. Is it a resident or a citizen issue?

Projects should restrict US citizens so that they can get away from the hands of US SEC, simply as that. So just be careful, I think if you're in the US as a resident, consider that you might crossed the line, just saying.

[ecnalubma]

Its better for most projects to avoid selling tokens to the U.S regardless if its security or utility. US has very tight regulation they really put pressure on projects who sells any tokens within their territories or its citizens.

[Anora2020]

In Thailand fintesh legislation creates the perfect marketing tool to attract international investors in crypto businesses be audited by an independent government licensed ico portal company; obtaining the license by thailand's security exchange commission and after the licensing process has to fulfill strict compliance requirements.

     Thailand actions it's to inspirinng to all crypto lover around the globe to recharge again with a  trust. When you make a legislation to promote new token legality to attract investors to invest more in initial coin offering or ( ICO ) on cryptocurrency with a high securities and confidence as a holders