Only a handful of start-ups have successfully raised funds in US capital markets using the Reg A+ regulations. The SEC has been working on rules for bitcoin since 2013, and last year it issued guidance to financial institutions that said they should not be required to register with FinCEN as money services businesses. Challenges faced by companies include the amount of marketing needed to attract investors, as well as difficulties with meeting minimum goals for offerings.
Only a handful of start-ups have successfully raised funds in US capital markets using the Reg A+ regulations. Since the rules were introduced in June 2015, a total of 94 companies have filed to raise $1.7bn with just 45 qualifying and only a few completing an initial public offering. Challenges faced by companies include the amount of marketing needed to attract investors, as well as difficulties with meeting minimum goals for offerings.