2018 continues to be a busy year for initial coin offerings, notwithstanding recent announcements from capital markets regulators in the US. In this alert, we chronicled developments at the Securities and Exchange Commission, Commodity Futures Trading Commission, state securities regulators and others. And here we discussed recent SEC guidance on trading platforms for crypto assets. Although the rules seem to be multiplying exponentially, it is still possible to structure and complete an ICO that is legally compliant.