Initial Coin Offerings and regulation - a review of significant jurisdictions
As anyone who is active in the blockchain space is very well aware, 2017 has seen an enormous increase in the number of
As anyone who is active in the blockchain space is very well aware, 2017 has seen an enormous increase in the number of "Initial Coin Offerings" (ICOs) that have been arranged. Over US$5.68 billion was said to have been raised in 2017, with over 1.4 billion in December 2017 alone, for example.
This is a rapidly developing area. With the regulators keeping a close watch on ICOs and cryptocurrencies in general, the "wild west" days may soon be over. Those active in this area should be prudent in considering the impact of these legislations and pronouncements, and if desired, seek professional advisors to assist in navigating the labyrinth of regulations across various jurisdictions.
