ICO Regulations Planned By Gibraltar

ICO News, News | February 12, 2018 By:

The government of Gibraltar and the Gibraltar Financial Services Commission (GFSC) have announced that they will be developing a draft law that will regulate initial coin offerings (ICO) in the British overseas territory.

According to reports, Gibraltar has decided to roll out ICO regulations primarily because the world has grown increasingly concerned over the rapid growth of the cryptocurrency sector as of late.

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Initial Coin Offering Planned By The City of Berkeley

Announcements, ICO News, News | February 12, 2018 By:

The city of Berkeley is considering an initial coin offering (ICO) to raise funding for community projects.

Berkeley, one of the epicenters of liberal California, is contemplating selling tokens backed by municipal bonds, a type of security issued by the local government. Buyers might spend these tokens at shops and restaurants or even pay rent on apartment rentals that participate in Berkeley’s cryptocurrency ecosystem.

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Zilla, Coinfirm Partner For Anti-Money Laundering Checks Before ICOs

Announcements, FinTech, ICO News, News | February 8, 2018 By:

Anti-money laundering checks on behalf of initial coin offerings (ICO) are now available for ventures conducting token sales on the Zilla platform.

The checks are done in partnership with Coinfirm, which just concluded its own ICO for the AMLT token. The partnership is one of several businesses that conduct compliance checks for blockchain startups.

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Offshore Crypto Websites May Be Blocked By China

News, Regulation | February 6, 2018 By:

The government of China is reportedly planning to block all offshore websites related to cryptocurrency trading and initial coin offerings (ICO).

According to an article published by Financial News, a publication affiliated with the People’s Bank of China, recent attempts to stamp out cryptocurrencies by shutting down domestic exchanges had failed to completely eradicate trading.

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Crypto Banking Platform AriseBank Receives Cease And Desist Order From Texas Regulator

News, Regulation | January 30, 2018 By:

The Texas Department of Banking has issued an unconditional cease and desist order to crypto banking platform AriseBank, ordering the firm to halt any services to the state’s residents.

Founded in 2016 by Jared Rice, Sr. and Stanley Ford, AriseBank claims to be “the first completely decentralized banking product that features one of the largest cryptocurrency platforms built to date.”

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