You are right - there are some ICO funded projects already. Yes, they are happy to have less competition because new projects are ICO-restricted. This is also good for people having tokes already. But, the technology development chain will now be much slower. So the worldwide economy may not get the full advantage of blockchain technology. For me any regulation in investment sphere is bad. Governments better pay attention on violent crimes, healthcare, etc., but instead some governments try to tell me where to invest - no thank you :)
You are viewing a single comment's thread from:
Yes, there's the negative part too about government interference in ICOs. If the same rules and regulations are imposed as with the IPOs of securities, then many projects will never see the light of day. The developers of these new blockchain-related projects simply won't have the resources to undertake all the paperwork etc. that government regulations demand.