Initial coin offerings could be regulated under new EU crowdfunding rules

Members of the European Parliament (MEPs) held a meeting on Tuesday to discuss potential new regulations on initial coin offerings (ICOs).

The All-Party Innovation Group of the EU Parliament was examining potential new rules that would bring ICOs within the scope of an EU-wide crowdfunding regulation that is currently being drafted.

If approved by the Parliament, the rules would create common regulation and standards for token sales, allowing projects to raise funds and trade in the EU.

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