SEC Sues Kik Interactive For Conducting $100M USD Unregistered ICO

ICO News, News, Regulation | June 5, 2019 By:

The US Securities and Exchange Commission (SEC) has sued social media company Kik Interactive for conducting a $100 million initial coin offering (ICO) in 2017, which the regulator deemed as an unregistered security issuance.

In its complaint, the SEC charges that Kik sold its Kin tokens to US investors without registering their offer and sale as required by the US securities laws.

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Securities Commission Malaysia Seeks Feedback On Regulatory Framework For ICOs

ICO News, News, Regulation | March 7, 2019 By:

The Securities Commission Malaysia (SC) is seeking public feedback on the regulatory framework for initial coin offering (ICO).

The regulator published the consultation paper on ICO to provide some background as to the nature of digital assets, some of the risks involved in investing in such digital assets and the proposed regulatory framework.

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