UAE To Allow ICOs To Boost Capital Markets

ICO News, News | October 9, 2018 By:

The United Arab Emirates (UAE) is planning to create rules that would allow domestic companies to raise money through initial coin offerings (ICO).

Speaking at a seminar, Obaid Saif Al-Zaabi, head of the Emirates Securities & Commodities Authority (ESCA), revealed that the board of ESCA has approved considering ICOs as securities and will be releasing regulations on the ground in the first half of 2019.

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Blockchain Startup TEMCO Receives Invesment From South Korea’s Largest Venture Firm

Blockchain, ICO News, Investing | October 2, 2018 By:

South Korean blockchain startup Transportation Enterprise Merchandise Customer Organization (TEMCO) has secured an undisclosed institutional investment from Korea Investment Partners (KIP), South Korea’s largest venture capital firm.

TEMCO aims to disrupt the supply chain management system by utilizing blockchain technology.

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Cypto Trading Platform Caspian Raises $16M USD Led By Galaxy Digital

Announcements, ICO News, Investing, News | September 18, 2018 By:

Cypto trading platform Caspian has raised $16 million in a token pre-sale of its CSP token, an ERC-20 compliant token. Pre-sale investors and customers include Galaxy Investment Partners, Global Advisors, Octagon Strategy, Kenetic, Techemy Capital and Bletchley Park.

Caspian is a joint venture by Hong Kong-based blockchain firm Kenetic and OEMS global trading platform Tora.

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