ICO Wrap – Initial Coin/Token Offering News Summary for May 25, 2018

ICO News | May 25, 2018 By:

Monetary Authority Of Singapore Shuts Down Local ICO

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.

 

Financial Institutions To Use Bank Of Russia’s Regulatory Sandbox For ICO Pilot

State-owned Russian bank Sberbank and the National Settlement Depository (NSD) of Russia is planning to run an initial coin offering (ICO) in the central bank of Russia’s regulatory platform.

ICO Spotlight: Bigbom Network Seeks Trust In Online Advertising Market

The Bigbom network is an attempt to capitalize on the US $200 billion digital advertising industry. As search engines like Google and social networks like Facebook and Twitter have grown, digital advertising has overtaken television as the most popular form of advertising. But there are many problems with today’s digital advertising market.