EU MEP Suggests Including ICOs in New Crowdfunding Regulation
Cryptovest
Published Aug 14, 2018 11:21AM ET
Updated Aug 14, 2018 12:40PM ET
EU MEP Suggests Including ICOs in New Crowdfunding Regulation
The European Union plans to put ICOs under regulation, according to a draft proposal by the European Parliament’s Committee on Economic and Monetary Affairs (ECON), published on August 10.
The proposal is part of a much broader EU legislative act , which targets all crowdfunding platforms, and is made by Ashley Fox, a Member of the European Parliament (MEP) representing the UK. He has noted that the proposed EU regulation gives a chance to ICOs to prove their legitimacy as well.
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