Legal framework for Initial coin offerings (cryptocurrencies)
summary
Timeline of ICOs and regulator positions across SEC ESMA BaFin and national bodies with concrete takeaways: regulators treat tokens case by case, utility vs security classification decides whether securities law applies; anti‑money‑laundering rules always apply; 10% of ICOs are scams and crypto shows extreme volatility (example Ripple +20% in one hour) and major hacks (DAO hack $60M). Recommended steps: legal fact analysis (analysis takes 2–3 weeks), consult securities bank AML and tax authorities, prepare formal compliance which often requires compliance 1–1.5 years or leads to fines and criminal exposure.
AI-written summary · about
chapters (11)
- 0:00Introduction
- 2:55What is an ICO
- 6:47Regulation
- 9:18Problems
- 11:50Legal framework
- 14:20Steps
- 17:14How long
- 18:50Consequences
- 20:25Question
- 25:28Classification problem
- 26:32Is it regulated anywhere
related talks
37mThe Legally Compliant ICO: Securities Regulation, SAFTs, and Beyond
23mRegulatory Considerations for Dapp Development
27mRegulatory and Legal Issues with Blockchain and Crypto: Cross Borders
14mPlaying Catch-up: Regulating the Cryptocurrency Industry
13mChoosing Countries: Where To Incorporate Crypto Company Safely
11mThe Crypto Regulatory Landscape
23mWhere Will ICOs Be Held in 2018: Jurisdictions, Licenses, Working with Banks
33mRegulation: Crypto Killer, or the Key to Its Future