Monetary Authority Of Singapore Shuts Down Local ICO

ICO News, News, Regulation | May 25, 2018 By:

The Monetary Authority of Singapore (MAS), the country’s central bank, has shut down an unidentified initial coin offering (ICO) for allegedly offering unregistered securities.

In a release issued Thursday, MAS said it has directed an ICO issuer to stop offering digital tokens to Singapore-based investors after assessing that the issuer had contravened the country’s Securities and Futures Act (SFA),

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Financial Institutions To Use Bank Of Russia’s Regulatory Sandbox For ICO Pilot

Announcements, ICO News, News | May 25, 2018 By:

State-owned Russian bank Sberbank and the National Settlement Depository (NSD) of Russia is planning to run an initial coin offering (ICO) in the central bank of Russia’s regulatory platform.

Launched in April 2018, the Bank of Russia’s regulatory sandbox offers FinTech companies the chance to test new financial services and technologies without the risk of violating domestic law.

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Three Things Investors Should Look Out for When Vetting an ICO

ICO News, Investing, News, Regulation | May 23, 2018 By:

Initial Coin Offerings (ICOs) are growing every day. In 2018 alone, there have been over 615 ICOs, raising an astounding $3.9 billon. While cryptocurrency still may be an unregulated space, investments in it can be quite lucrative. Because of this, there are important things every investor should look out for when vetting a potential ICO opportunity to ensure their capital is being used for the intended purpose.

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Blockchain Startup ShipChain Hit With Cease And Desist Order In South Carolina

ICO News, News, Regulation | May 23, 2018 By:

The South Carolina Attorney General’s Office has issued a cease and desist order against blockchain startup ShipChain for allegedly violating the state’s securities statutes.

ShipChain is a blockchain solution provider for the transport and logistics industry. According to its website, the platform allows users to pay either directly in tokens they hold,

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‘Operation Crypto-Sweep’ Initiated By Securities Regulators Against ICOs – Report

Bitcoin, Blockchain and the Law, Crime, ICO News, Investing, News | May 21, 2018 By:

United States and Canadian securities regulators have launched an investigation into at least 70 companies engaging in initial coin offerings (ICO), according to a Washington Post report.

The news came from members of the North American Securities Administrators Association, who said that nore than 40 state and provincial watchdogs are participating in “Operation Crypto-Sweep.”

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ICO Wrap – Initial Coin/Token Offering News Summary for May 18, 2018

ICO News | May 18, 2018 By:

Poloniex Exchange De-Lists BELA Coin As It Switches To New Token

The Poloniex exchange has de-listed the BELA legacy coin, as the photo-sharing service switches over from its old blockchain tokens to a new ERC-20 token.

Texas Regulator Halted ICO That Used Fake Celebrity Endorsements

The Texas State Securities Board (SSB) has issued an emergency cease-and-desist order against a company that it claims used fake endorsements from celebrities to fraudulently promote its initial coin offering (ICO).

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