Quote from: stormia on April 03, 2017, 04:10:23 AM

Quote from: Haemophilus on April 03, 2017, 01:13:42 AM

Quote from: biodieselchris on April 03, 2017, 12:28:08 AM

why are americans specifically excluded from the ICO?

I asked that to Dimitri Chupryna in the telegram group and this is his answer verbatim:

"We are incorporated in Singapore and follow the regulations and laws of Singapore. ICO activity might fall under other regulations in USA as well as many cryptocurrency activities are not defined.
so combination of facts excludes current possibility for USA citizens to participate in Initial coin offering to avoid possible legal incongruities. It is TaaS management decision that is based on our Legal team recommendations."

So TaaS is not KYC and AML certified I'm guessing?

I think it would be more of an SEC issue - but it's strange, the entire rest of the world, all 194 countries, can participate while only specifically the US (and non-citizen residents) in the US are exempted. China, Eurozone, Canada, Russia, Japan, they all have similar securities laws.