Dubai Issues Public Warning Against ICOs

Announcements, Blockchain, News, Regulation | September 14, 2017 By:

The Dubai Financial Services Authority (DFSA) has issued a warning on initial coin offerings (ICO). The move follows similar warnings issued by global financial regulators, which include agencies from China, Singapore, Canada, Malaysia and the US, among others.

The DFSA warned the public that some types of offerings should be regarded as high-risk investments.


Report: China Regulators Considering New ICO Limits

Crime, FinTech, Investing, News, Regulation | August 30, 2017 By:

A Chinese news service is reporting that China’s regulators have met to discuss growing concerns about the initial coin offering (ICO) market.

China’s regulators have been scrutinizing cryptocurrency and its exchanges since late last year, increasing the pressure in early January by limiting withdrawals at the exchanges and raiding several businesses to make sure they were complying with money-laundering rules.