The report is written on proposed regulations for Europe's crowdfunding platform operators and companies.
Crowdfunding or Initial Coin Offerings is a way for new tech startups to reach a broader spectrum of investors. And since public sales carry on without any directives, participants are at risk of fraudulent activities. The office of Ashley Fox has published a proposal for regulation which aims to protect investors.
ICOs with a threshold of 8,000,000 Euros will fall under this directive. And also, startups that will enter crowdfunding are obliged to follow particular rules in relation to EU’s securities law.