Abele Group, International Financial Technology company, is all set to become the first ICO List to get Regulation A+ from SEC. With this, one can hope that the project would be trusted by the investors. It would set a precedent for other ICO to follow.
SEC had earlier posted a list of regulation to reduce the frauds which are taking place with ICO. With the help of regulations, users can hope to have secured way of investing in ICO. Regulations will not only help investors to be secured but will also help companies attract more investment. Abele Group following this norm which is a positive sign for the future.
ICO’s can list themselves for regulation A+ of the SEC. They need to follow the guidelines provided by SEC to get the approval. Once they get the approval they would not only gain the trust of the investors but a positive start for their project. The main reason why this is necessary is that of the rising ICO frauds which are coming forward. If stats are to be believed then in 2017 there were about 80 percent ICO which were found fraudulent. Millions of dollars of investment were stolen as of results of this fraud. If companies have to take their ICO to full potential then following SEC regulations is a must.
Abele Group ICO by following List of regulations by SEC has set the precedent. Other companies may follow this suite, and thus, investors can have some means of security. Once the ICO gets approval it will be first digital custodian and blockchain and AI-powered marketplace. It will help in enhancing the transparency and security of the industry. According to a report published in the Bitcoin exchange guide, some of the other services include P2P lending, margin trading, factoring, token agnostic custody, and trust services. If would be interesting to see how investors react to an ICO with Sec approval.
The post Abele ICO Could Be First To List Under Regulation A+ Filing By SEC appeared first on OWLT Market.
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