Quote from: red4slash on September 16, 2017, 03:51:46 AM

Quote from: V1saya on September 16, 2017, 03:06:21 AM

Quote from: kelsey on September 15, 2017, 09:58:29 PM

Recent news of the imminent closer of many Chinese exchanges is the direct result of them dealing in ICOs, I've been shocked for the longest time other countries have done so, allowing ICO's to fly under regulators radar, however its only just a matter of time.

Because ICOs are really getting dirty. A sort of regulation has to be employed to try sorting out ICOs offered in public. Look at how many ICOs end up as mere scams after millions and millions of dollars worth of investments have been carted away. This has to stop of course, one day soon.

Yes your words are very wise. Ico needs strong rules to avoid fraud like before. The Ico does not kill crypto but it makes them grow quickly. We need strong rules so that scam ico will not exist in the world. But is it possible to create decentralized crypto rules?

Indeed! Governments are only responsible for safeguarding citizens. If they fail to do so then they are the one who are questioned. Many ICOs start only with the intention of scamming people. Certain kind of regulations are indeed needed. But banning is also not right according to me. A chance should be given to people to start their own ventures but under strict regulations.