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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India’s Securities Regulator Conducts Global Study Tours On Cryptocurrencies And ICOs

News, Regulation | September 4, 2018 By:

The Securities and Exchange Board of India (SEBI) has collaborated with regulators in Japan, the UK, and Switzerland to study cryptocurrency and initial coin offerings (ICO).

In its 2017-18 annual report, SEBI revealed that it sent officials to three countries to study how international regulators deal with cryptocurrencies and gain deeper understanding of their systems and mechanisms.

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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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Blockchain News Accounts Blocked By Chinese Messaging App WeChat

News | August 22, 2018 By:

Chinese messaging app WeChat has blocked a number of blockchain-related news accounts on its platform.

WeChat, developed by Tencent, is one of the world’s largest standalone mobile apps by monthly active users, with over 1 billion monthly active users. It has been called China’s “app for everything” and a “super app” because of its wide range of functions and platforms.

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ICO Licensing Rule In Thailand Attracts 20 Crypto Exchanges

ICO News, News, Regulation | August 9, 2018 By:

Thailand’s Securities and Exchange Commission (SEC) said that the new licensing rule for initial coin offerings (ICO) and crypto exchanges has seen increased interest from companies just weeks after the regulatory framework went into effect.

The regulatory framework for ICOs and businesses undertaking crypto-related activities took effect on July 16 after a royal decree on the topic was made public in May.

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