to drive investment in the proposed ICO.
will your ICO be legal in the United States of America and the Philippines?
Are any ICOs illegal in the United States of America?
Isn't that a question for the appropriate authorities or your attorney.
Probably not and that's why anonymint has created honcho.
I noticed your Waves signature. I advised that ICO.
IANAL
In the United States I would take this guidance from FinCEN under consideration.
https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.htmlIt appears to me that an ICO would require the registration of the issuer with FinCEN as an MSB within the required time period in order for the ICO to be legal in the United States.
Edit 1: Here is the FinCEN Enforcement action against Ripple over this issue
https://www.fincen.gov/news_room/nr/html/20150505.htmlEdit 2: The above is the reason I stay well away from ICO coins including Ethereum.