Business Today

Regularity Uncertainty

Lack of regulations governing cryptocurrencies an impediment for ICOs in India.

With the rapidly evolving digital world of cryptocurrencies, global investors and startups are now being lured to a new form of investment and fund raising opportunity, the Initial Coin Offerings (ICO). Like Initial Public Offering (IPO), ICOs are means for raising money from public investors to fund a startup. However, under ICOs digital 'tokens' are allotted in lieu of shares, which represent an informal

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