Post
Topic
Board Altcoin Discussion
Regulations for ICOs/ crowdsales
by
cryptoisdafuture
on 03/08/2017, 21:49:43 UTC
Hi,

Does anybody have a good source on the regulations regarding starting/ being part of a team indulging in a crowdsale. How is the jurisdiction chosen? Is it the location of the investors or the location of the team? Given it's all decentralized, and no way to track locations of investors how do these even get enacted? In US, is cryptocurrencies covered by SEC Act of 1934? Is there precedent for any ICO's getting in trouble for not filing with SEC? And if American investors are not allowed in ICO/ crowdsale, which jurisdiction will it be regulated in? Is passive investing in ICOs/ crowdsales legal while residing in US?

I realize I am asking too many questions, but there seems to be no comprehensive online help on this topic. I was considering developing for some of these gigs which seemed exciting but wanted to ensure I would be on the right side of the law if I did so.

Thanks