What country is this Coin operating from... Russia?
This project is from Czech Republic (I found this on ICObench). Also everybody can participate in ICO except USA and Belize inhabitants.
Do you or does anyone know why the USA cannot participate? I am a fan of Czech republic?? Also how is that supposed to be enforced?
Thanks!
The United States is quite strict when it comes to investment regulations. Only accredited investors can partake in private placements of securities. While some people would urge all cryptocurrency ICOs are tokens and not securities, regulators will have a very different opinion regarding this matter. A lot of the ICOs we have seen can be labeled as traditional sales of equity.