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https://www.um.edu.mt/library/oar/handle/123456789/37915
Title: | “Elephant in the room” : legal regulation for advertisement of initial coin offering projects |
Authors: | Shaydullina, V. K. |
Keywords: | Corporations -- Finance Cryptocurrencies New business enterprises -- Finance |
Issue Date: | 2018 |
Publisher: | University of Piraeus. International Strategic Management Association |
Citation: | Shaydullina, V. K. (2018). “Elephant in the room” : legal regulation for advertisement of initial coin offering projects. European Research Studies Journal, 21(Special issue 2), 414-422. |
Abstract: | This article presents the results of the research of whitepapers for around 22 Initial Coin Offering (ICO) projects and comparative legal analysis of the legislation of 40-member countries of International Anti-Monopoly Network regulating the requirements imposed on advertisement offers for investment into such projects. The topicality of the research is determined by anti-monopoly regulators not identifying the status of whitepapers, while this document contains the elements of advertisement, and ICO projects and their advertisement campaign monitoring not being carried out at the initial stages of ICO. The analysis of requirements for advertising ICO projects and legal status of whitepapers has not been conducted until now. Meanwhile, 99% of current ICOs are fraud for which the participants of the project incur no liability. The research of legal issues related to advertising ICO projects and control over complying of such projects with advertisement requirement carried out by legal government authorities will allow for protection of the weakest party in such business relations, the investor. |
URI: | https://www.um.edu.mt/library/oar//handle/123456789/37915 |
ISSN: | 11082976 |
Appears in Collections: | European Research Studies Journal, Volume 21, Special Issue 2 |
Files in This Item:
File | Description | Size | Format | |
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“Elephant in the Room”_ Legal Regulation for Advertisement of Initial Coin Offering Projects.pdf | 254.47 kB | Adobe PDF | View/Open |
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