---
url: https://wulfkaal.com/2018/04/23/initial-coin-offerings-2018-market-outlook-and-regulation/
canonical: https://wulfkaal.com/2018/04/23/initial-coin-offerings-2018-market-outlook-and-regulation/
title: "Initial Coin Offerings - 2018 Market Outlook and Regulation · Wulf Kaal"
site: wulfkaal.com
---

Full article with download link: 

# Initial Coin Offerings: The Top 25 Jurisdictions and Their Comparative Regulatory Responses

23 Pages Posted: 15 Feb 2018

## [Wulf A. Kaal](https://papers.ssrn.com/sol3/cf%5Fdev/AbsByAuth.cfm?per%5Fid=460345 "View other papers by this author")

University of St. Thomas, Minnesota - School of Law 

Date Written: February 2, 2018 

### Abstract

This article provides an overview of the evolving ICO market in January 2018\. It evaluates hand-selected data for the top 25 ICO jurisdictions by market capitalization. The author codes the regulatory responses of the top 25 ICO jurisdictions and provides a comparative analysis of their respective regulatory actions. 

**Keywords:** Initial Coin Offerings, Blockchain, Distributed Ledger Technology, Regulation, Market Abuse, Investor Protection, Artificial Intelligence, Machine Learning, Data Science, Data Scientists, Innovation, Entrepreneur, Start-up, Big Data, Crytpo Economics, Diversification, Optimization, Efficiency **JEL Classification:** K20, K23, K32, L43, L5, O31, O32 **Suggested Citation:** 

Kaal , Wulf A., Initial Coin Offerings: The Top 25 Jurisdictions and Their Comparative Regulatory Responses (February 2, 2018). Available at SSRN: <https://ssrn.com/abstract=3117224> or [http://dx.doi.org/10.2139/ssrn.3117224](https://dx.doi.org/10.2139/ssrn.3117224)

Cite this essay

Wulf A. Kaal, “Initial Coin Offerings - 2018 Market Outlook and Regulation,” wulfkaal.com (April 23, 2018), https://wulfkaal.com/2018/04/23/initial-coin-offerings-2018-market-outlook-and-regulation/

APA

Kaal, W. A. (2018, April 23). Initial Coin Offerings - 2018 Market Outlook and Regulation. Wulf Kaal Blog. https://wulfkaal.com/2018/04/23/initial-coin-offerings-2018-market-outlook-and-regulation/

BibTeX

```
@article{kaal2018initial,
  author  = {Kaal, Wulf A.},
  title   = {Initial Coin Offerings - 2018 Market Outlook and Regulation},
  year    = {2018},
  month   = {04},
  url     = {https://wulfkaal.com/2018/04/23/initial-coin-offerings-2018-market-outlook-and-regulation/},
  note    = {wulfkaal.com/blog}
}
```
