Regulatory framework for initial coin offerings: A comparatives of India and global approaches

Abstract

a faster, reliable and accessible means of fundraising, without the need of intermediaries against the complete banning of such ICOs, as the latter would stifle regulation. and lengthy procedures. However, due the lack of regulation surrounding these DLT-based concrete regulation in place, buying and selling of tokens through ICOs remains a risky endeavour. This paper argues for introduction of technologically neutral regulation and fraud. Limited transparency and poor oversight increase risks, potentially making ICOs have either introduced new laws to regulate them, adapted existing laws to be management, fail to deliver promised returns, while investors frequently fall victim to taken a cautious stance, oscillating between complete bans and vigilant optimism. With no technologically neutral or have outright banned them. India, as a growing economy, has technologies, a plethora of issues have emerged. Token issuers, often due to poor The effectiveness of ICOs cannot be doubted in the age of technology. They provide unsafe for inexperienced investors. To address these concerns, governments over the globe