How Good Crypto Projects Can Avoid Regulators

Opinion, Regulation | May 25, 2018 By:

State and federal regulators have crypto scam artists on the run. And while I commend authorities for protecting consumers, the truth is that a lot of credible projects are suffering as well. Crypto and blockchain startups are saddled in legal fees and are scared to talk more publicly about their projects because of initiatives like “Operation Crypto Sweep.”

Think about it: There is a new generation of tech founders whose primary concern isn’t changing the world with blockchain,


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),


India Considers Retroactive Tax On Cryptocurrency Trades

News, Regulation | May 24, 2018 By:

The government of India is reportedly considering imposing an 18 percent goods and services tax (GST) on cryptocurrency transactions.

According to Bloomberg, citing a source with direct knowledge of the matter, the Central Board of Indirect Taxes and Customs (CBIC) of India is working on a proposal to apply the GST to cryptocurrency trading as they could be classed as intangible goods.


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.


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,