Dubai Issues Public Warning Against ICOs

Announcements, Blockchain, ICO News, News, Regulation | September 14, 2017 By:

The Dubai Financial Services Authority (DFSA) has issued a warning on initial coin offerings (ICO). The move follows similar warnings issued by global financial regulators, which include agencies from China, Singapore, Canada, Malaysia and the US, among others.

The DFSA warned the public that some types of offerings should be regarded as high-risk investments.