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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South Korean Official Calls For Global Crypto Regulations

ICO News, News, Regulation | September 10, 2018 By:

Yoon Suk-heun, governor of South Korea’s Financial Supervisory Service (FSS), has urged regulators from 14 other countries to jointly draft international regulations for cryptocurrencies and initial coin offerings (ICO).

During the 20th Integrated Financial Supervisors Conference (IFSC) in Seoul last week, Yoon urged the need for international coordination,

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Colorado Department Of Regulatory Agencies Investigating Three Crypto Firms

ICO News, News, Regulation | August 29, 2018 By:

Three crypto firms alleged of promoting unregistered initial coin offerings (ICO) have been ordered to show cause by Colorado Securities Commissioner Gerald Rome. An order to show cause is a court order requiring recipients to justify, explain, or prove something to the court.

The orders come as part of a state investigation into “what has become a trend of allegedly fraudulent companies looking to make quick money,” according to the press release issued by the Colorado Department of Regulatory Agencies (DORA).

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