ICO_Regulation_Status

Assess the legal and regulatory framework governing Initial Coin Offerings (ICOs) and other forms of crypto token issuance within the jurisdiction.

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Possible Values

Status values that can be assigned to this topic

Value	Definition	Order
Specific_Regime_Exists	Specific laws, regulations, or formal guidance explicitly addressing ICOs and token issuance (e.g., defining utility vs. security tokens, setting disclosure requirements, licensing platforms) are in effect.	0
General_Laws_Applied	No ICO-specific framework exists, but existing financial laws (primarily securities laws, but potentially others like commodities or consumer protection) are applied based on the nature and characteristics of the specific token/offering, often requiring case-by-case analysis.	1
Banned	Conducting ICOs or specific types of token issuance is explicitly prohibited by law or regulatory decree.	2
In_Progress	A specific regulatory framework or significant guidance for ICOs/token issuance is actively being developed, debated, or consulted upon but is not yet finalized or in effect.	3
Unclear	The regulatory treatment of ICOs/token issuance is ambiguous, lacks official clarification, has conflicting interpretations, or relevant authorities have not established a clear approach or application of existing laws.	4

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