Initial Coin Offerings (ICOs) or token sales are a surging trend to raise funds quickly. In May, for example, the Monaco Visa ICO raised $3 million in 3 days. Debate ensued on whether Monaco Visa was a good gamble, but one category of investors didn’t have to worry: Americans. That’s because Monaco Visa, like a growing number of other ‘foreign’ ICOs, refused to deal with U.S. citizens. [Note: in some cases the ban is on the broader category of “U.S. Taxpayers.”]
Read More At: https://news.bitcoin.com/some-icos-now-ban-americans-who-should-expect-more-ostracism/
