Why are some Countries Restricted from Investing?

[Dprincebh]

I found out the some countries are usually restricted from either investing into an ico, performing bounty or participating in an airdrops. Any details why?

[duchaitp]

This is largely due to the fact that legislation in that country does not allow cryptocurrency-related operations

[Daviost]

The main function of ICO is the first sale of the tokens. That is, to raise funds for the project through ICO. But at present, many projects are air projects. There is no real thing. So many countries will ban ICO. It is to prevent risk. Because often a fake project is often easily swindled through ICO.

[Joankii]

Maybe their country does not allow cryptocurrency. because according to their rules it is money manipulation

[TheHero]

They just afraid that cryptocurrency can overcome the fiat function. cause cryptocurrency offer a lot of things example decentralised, meaning that all power is distributed away from any central authority (i.e. the government) and on top of this, a good majority of currencies are anonymous.
and talk about the ICO i think some country afraid their citizen losing their money to something unregulated.

[Synvc]

The main function of ICO is the first sale of the tokens. That is, to raise funds for the project through ICO. But at present, many projects are air projects. There is no real thing. So many countries will ban ICO. It is to prevent risk. Because often a fake project is often easily swindled through ICO.

What you say is true because there are a lot of ico that makes everyone in his country suffer a big loss because of deception.

[Cold_Zero]

Lack of government laws and regulations around ICOs is the reason for countries banning them... it is a threat to their current financial systems, traditional VC investment fundings..

some will argue that it is to stop scams, ponzi schemes, and people throwing in money into high-tech pump and dump schemes, but that is just the tip of the iceberg.. but let's face it, most governments do not really concern themselves with the financial well-being of their nationals.. esprcially on a mass scale. 

if a government can't control it.. then they ban it.. simple solution in their eyes.

[Abusadeeq6]

Some countries have laws that do not concur with the Crypto community, with this reasons,, some of the countries remain banned for now

[ComeBack]

Most of them don't really like the crypto as an asset that's why they keep restricting it. But I know they will going to accept it sooner or later.

[Dkingbh]

There is no real thing. So many countries will ban ICO. It is to prevent risk. Because often a fake project is often easily swindled through ICO.

[Dkingbh]

Most of them don't really like the crypto as an asset that's why they keep restricting it. But I know they will going to accept it sooner or later.