STOP UNREGULATED ICOS IN THE US

The " Initial offering coin " ( ICO ) have become a great tool for funding. Who can actually "issue new coins" by selling it in exchange for euro, dollars, or bitcoins (or other valuable coins) can easily finance if people are willing to buy new coins by paying them with other coins that already have a Value (while new coins usually do not have it, or they really have little).

However, not all ICOs are good. Indeed, behind some of them are hidden real scams , with proponents who make great proclamations promising stratospheric growths of the value of their new coins, but then at last they only reveal themselves words to cut the shame on naive investors.

For this reason, " the Securities and Exchange Commission " (SEC) American, which is the US government agency that monitors the stock exchange (such as the Italian equivalent, the Consob ), has decided to regulate the ICO simply equating to offers of equity securities ( Therefore with the same informational obligations and the resulting criminal risks). So from now on in the USA, who will offer ICO without following the classic procedures that are mandatory for example for IPOs (ie the initial public offering of equity securities) is a big risk. In fact, in the event of a complaint it will respond in penal terms .

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