The UK’s financial watchdog, the Financial Conduct Authority, issued a warning to investors regarding initial coin offerings (ICOs); in particular they warned of the “high risk, speculative” nature of the new capital raising method; financial regulators worldwide have begun cracking down on ICOs in recent months, China has banned them and the SEC in the US issued a similar warning as the UK. Source
The new method called DAICO incorporates characteristics of DAOs or Decentralized Autonomous Organizations; the goal is to reduce complexity and risk with ICOs; article shares the benefits of this new approach. Source
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