Can US citizens participate in ICOs? So why would ICOs prohibit US citizens from investing? Given that certain ICOs may be viewed as securities – and, without registration with the SEC, be deemed unregistered securities – many have taken the stance to preclude soliciting funding from US citizens for fear of attracting unaccredited investors.
How can I invest in ICOs in USA?
- Step 1: Register for the ICO. The first step to purchase ICO offerings, or getting in on the ground floor of a new cryptocurrency as an investor, is to do a little homework.
- Step 2: Set Aside Funds for Payment.
- Step 3: Make the Exchange.
- Step 4: Receive and Store Your ICO Purchase.
Can you launch an ICO in the US? With U.S. securities laws applying to ICOs in all 50 states, bear in mind that you can launch your digital currency outside the country, perhaps a locale with simpler, more straightforward rules and regulations on cryptocurrency.
Do ICOs need to be registered? ICO tokens can take the form of non-securities and avoid SEC registration, or if deemed to act as an investment contract and therefore, a security they will need to register with the SEC.