Quote from: vader18 on November 19, 2018, 10:30:20 AM

Wow. Many seem happy about this development. Correct me, if Im wrong, but this seems very good for ico coins, but very bad for investors. I mean , the coins/businesses can just pay a 250k fine, agree to be labeled a security and then get back to work. But it seems to me the US investor isnt going to be invited to the party. Once they coin company lists as a security. They will need to refund investors. The investors will never be able to trade their coins, rendering their coins worthless.

I don't see requiring securities registration as a good development for either side.

For one, the entry barrier is now bigger for ICOs to start. This is a so so situation. Perhaps fewer scam projects would take the risk. But in reality, I think they'll just move to a different territory and work with non-US based teams.

As of investors of older ICOs, most would be happy to get a refund provided that ICOs wend through a slump. But good luck following legal battles with your money in limbo...
New projects might bar US investors from officially purchasing their tokens altogether due to this regulation. Not that this wasn't already happening.