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Legitimate ICO Rules

Legitimate ICO Rules
George Samprovalakis 14 August 2018

According to an August 10 draft report by the European Parliament’s Committee on Economic and Monetary Affairs, crowdfunding regulations may be extended to some initial coin offerings (ICO). The report emphasized that ICOs are “an excellent funding stream for tech start-ups,” and while not an outright solution, the draft is a “much-needed” step in introducing regulatory measures to protect investors.

Ashley Fox, a British Member of the European Parliament (MEP), proposes bringing some ICOs within the remit of a new draft regulatory framework for crowdfunding that has been in development as of March.

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George Samprovalakis

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