At present the regulatory environment is a muddle because there’s rapid divergence in the regulation of cryptocurrencies across jurisdictions. Countries like Japan, while thorough, have a more open approach. China is more strict.
FACEBOOK LIFTS BAN ON CRYPTOCURRENCY, BUT STILL BLOCKS ICOS
Anyone who has tried to use Facebook advertising is familiar with the many terms and regulations, from the copy to the visuals to the URL. So it was hardly surprising when Facebook drew another line this past January and this time with cryptocurrency. Now, in June, it has reversed much of the ban, but it continues to exclude initial coin offering (ICO) ads.
The Move Away From ICOs – 5 Things You Should Know
In this series of Cryptocurrency articles we have partnered with CoinCentral.com to bring you the latest in Crypto news and updates.
For those of you who don't know much about the Cryptocurrency world, let me explain briefly, what are ICO's? ICO's are an Initial Coin Offering, a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company.