DLA Piper has completed a global compliance survey of initial coin offerings (ICOs) and securities token offerings (STOs), identifying how governments and agencies in more than 70 jurisdictions define, regulate and tax tokens and associated transactions. Regulatory concerns, the survey shows, can range from an outright ban on ICOs and STOs (or any token generation event) to whether such offerings will be permitted, and if safeguards and regulatory compliance issues are properly addressed.

Please email icocompliance@dlapiper.com to discuss the findings and learn how we can support global offerings.