Initial Coin Offerings (ICOs): Risks, Regulation, and Accountability

  title={Initial Coin Offerings (ICOs): Risks, Regulation, and Accountability},
  author={Usman W. Chohan},
  journal={Regulation of Financial Institutions eJournal},
  • Usman W. Chohan
  • Published 2017
  • Business
  • Regulation of Financial Institutions eJournal
The emergence of the cryptocurrency as an investment vehicle has brought the phenomenon of Initial Coin Offerings (ICOs) into the spotlight, since they provide rapid access to capital for new ventures, but suffer from drawbacks relating to regulation and accountability. In that regard, this chapter provides a review of the recent literature on ICOs before proceeding with a discussion of the regulatory and other risks that ICOs pose for market participants, thereby encouraging a broader… Expand
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