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ICOs do not deserve their bad reputation – and can be a viable way for retail investors to take part in the growth of early stage startups and expand capital access for U.S. firms, if regulation is reconsidered.
The U.S. Securities and Exchange Commission (SEC) brought a record number of crypto-related enforcement actions last year, up 50% as compared to 2021, per a report released by consulting firm Cornerstone Research.
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also discusses the regulation of initial coin offerings (ICOs) and how these can become “a new way to attract foreign direct investment (FDI) and raise capital.”