EU Lawmakers Weigh 'Standard' for ICOs Under Crowdfunding Rules

On Tuesday, September 4, Members of the EU Parliament held a conference dedicated to the discussion of unified standards for initial coin offerings (ICO) inside of the economic bloc.

On the conference, members of All-Party Innovation Group, which was created at the end of last year, tried to define all advantages and disadvantages of ICOs and also discussed the integration of tokensales into the existing regulatory model for crowdfunding.

Ashley Fox, a Member of the European Parliament (MEP), proposed a suggestion in which the maximum investment for the tokensale is limited.
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