Abstract:

This article is devoted to Initial Coin Offering and its regulation. Despite the fact that ICO market is experiencing a stage of active development, there is no consensus on its legal status. The aim of the study is provide an overview of the regulatory framework of the ICO in different countries. The research gives a detailed analysis of basic positions regarding the status of the ICO. Authors also seek to present comparison between Initial Coin Offering and Initial Public Offering. It is concluded that legislative regulation of the ICO haven’t completed yet.