Category: ICOs
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Isle of Man Updates Registration Rules for Cryptocurrency Businesses
The financial regulator of the Isle of Man recently introduced changes to its policy governing the registration of companies in the cryptocurrency industry. The British Crown dependency in the Irish Sea is also tightening rules applicable to projects that conduct initial coin offerings (ICOs). Also read: Vietnam at Crossroads on Cryptocurrency Regulations Financial Authority Adopts…
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Investor Rights and Legal Risks Might Make STOs the Future of Funding
An exceptionally low success rate and a substantially high risk of scams are already making the much-hyped ICOs obsolete. And now, according to a Nov. 12, report from Beyond Blocks, there might be a better, faster, and more secure way of funding blockchain projects. The Wild West Days of Crypto Funding Are Over The initial…
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Bahamas Releases Discussion Paper on Crypto-Asset Regulation
The Central Bank of The Bahamas (CBOB) has released a discussion paper proposing how it intends to regulate digital assets. This includes initial coin offerings as part of efforts to eliminate the alleged threat of tax evasion, fraud and money laundering. However, when regulation eventually comes, it is likely that only a state-issued cryptocurrency will…
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Growing Number of Crypto Companies Operating From Belarus
A number of cryptocurrency businesses are now based in the Belarus Hi-Tech Park after the government in Minsk legalized crypto-related activities for its residents. Registering an entity in the special economic zone was supposed to be a straightforward process, but clearer guidelines and detailed regulations are still needed to attract more investors. Also read: Huobi…
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SEC Expands Crypto Fraud Crackdown
The Securities and Exchange Commission (SEC) is doubling down on their efforts to stamp out cryptocurrency investment fraud, according to a report by Politico published Nov. 1. Hi honeys https://t.co/5D9rHNcKKy — Eric Garland (@ericgarland) November 2, 2018 https://platform.twitter.com/widgets.js Custody Questions The government regulatory body is questioning investment advisers registered with the SEC to determine how…
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![Texas Law Enforcer Who Took Down BitConnect: The Hunt for Crypto Cowboys in the Lone Star State [INTERVIEW]](https://amazingcrypto.com/wp-content/uploads/2018/09/texas-securities-crypto-scams-social-300x158.jpg)
Texas Law Enforcer Who Took Down BitConnect: The Hunt for Crypto Cowboys in the Lone Star State [INTERVIEW]
In an exclusive interview, CryptoSlate spoke with the Director of Enforcement at the Texas State Securities Board, Joseph Rotunda, who has presided over more than a hundred investigations into suspect crypto offerings since a 2017 state-wide sweep that rocked BitConnect with an emergency cease-and-desist order. Where they came barreling unexpectedly for most, crypto’s more anarchic…
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China Targets ‘Disguised’ ICOs in Crypto Crackdown Update
The People’s Bank of China (PBOC) has discussed the regulation of cryptocurrencies and initial coin offerings (ICOs) in a recently published report that highlights its plan to crack down on “airdrops,” while laying the groundwork to potentially issue its own virtual currency. Also Read: Venezuela’s Supreme Court Orders Payment in National Cryptocurrency Report Highlights Plan to…
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Ethereum Remains Monopolistic Platform for ICOs; Stellar, NEO Follow Lead
Despite the declining number of ICOs, Ethereum is still dominant in the sector as it is used by more than 85 percent of all ICOs, leaving Stellar and NEO far behind. Declining Number of ICOs Coudn’t Dethrone Ethereum ICO Platforms Graph showing the breakdown in ICO platform adoption (Source: CoinGecko) Nonetheless, the 80 percent drop in…
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Thailand’s SEC Warns Investors Against Unregistered ICO Investment Risk
Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC. On Oct. 25, the Bangkok Post reported that the Thai market regulator has warned against investing in ICOs promoted through a plethora of online media,…
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Markets Roundup: Spot BTC Markets Shrug CME Settlement, Pantera CEO on Cyclical Sentiment
In the cryptocurrency markets, the recent settlement of CME futures contracts appears to have exerted little impact on spot BTC prices, the CEO of Pantera Capital has shared his outlook on initial coin offerings, and October has proven to be the least volatile month of 2018, with only a single day producing a price swing…