Quote from: horrifiedx1 on January 20, 2019, 01:46:20 PM

Quote from: millgates on January 19, 2019, 10:08:30 AM

ICO should run under the law, the developer who want to hold an ICO should comply with many jurisdiction atleast jurisdiction of their country. I don't recommend to invest in ICO which has no complete company profile and legit documents. Honestly I have no problem with KYC but you know that kyc make more complicated things in using exchange site so if there are some people who get problem with kyc then they have to be helped immediately and give them fast respond.

right, so that it will suppress the number of fraudulent ico that currently occur a lot. this resulted in investors becoming distrustful and they lost money, so the circulation of the cryptocurrency declined, and the effect we can see now, where prices fall. hence regulations from the government are needed here

The paradox is that fraudulent ICO will still be created and people will lose money on them. Let's say laws will solve 50% of problems, but nobody will decide the stupidity of people.