Archive for the ‘ICO’ Category

Lithuanian gov’t among first in EU releasing ICO guidelines

The Lithuanian Finance Ministry has released the comprehensive guidelines for ICO amid the country’s efforts to become a location for ICO projects. The guidelines cover regulatory, corporate, indirect taxation, accounting and anti-money laundering aspects for ICO projects. The document also describes which funds raised through ICOs are subject to corporate or personal income taxes, value added tax. […]

Binance’s Venture Fund Head Is Waiting for ICO Bubble to Burst

Ella Zhang is in charge of investing $1 billion in blockchain-related businesses, yet her view on the market isn’t too rosy. Zhang, who joined cryptocurrency trading platform Binance to lead its venture incubator Binance Labs less than two months ago, said that while the bull market is positive because it attracts more users, the truly good projects […]

Block.one just raised a $4 billion ICO

Cayman Island-based crypto company Block.one has raised $4 billion via its ICO, which sold a proprietary token, dubbed EOS. This marks the largest ICO to date, and makes EOS the fifth most valuable cryptocurrency. Interestingly, while Block.one has definitely attracted many investors, it did not have live product during the time it collected investments, meaning […]

Disillusioned Token Investors Demand Real Talk About Risk

More and more investors who are passionate about blockchain technology become frustrated with a lack of tangible progress on professional risk management strategies across major token projects.  Yet this disillusionment hasn’t slowed the race to get involved, with more than $6.3 billion raised through ICOs during the first quarter of 2018 alone. Against that backdrop, veteran cryptocurrency […]

US SEC to discuss Bitcoin and ICOs at Investing in America conference

The Atlanta Regional Office of the U.S. Securities and Exchange Commission (SEC) is going to hold an investor conference on June 13, 2018, at Georgia State University. The one-day “Investing in America” conference will include a break-out session on bitcoin and ICOs. The main session will feature SEC Chairman Jay Clayton and Commissioners Kara Stein, Michael […]

The DAICO: ICO Savior Or Wolf In Sheep’s Clothing?

Last week, a gaming platform called The Abyss closed its sale and launched one of the first decentralized autonomous initial coin offerings (DAICO). Originally proposed by Vitalik Buterin, the DAICO aims to empower investors and provide more accountability to a rattled ICO market. In a traditional ICO, a development team receives the entire amount raised in one lump sum […]

Russia’s Largest Bank to Pilot First Official ICO

Russian bank Sberbank CIB, the investment banking arm of major state-owned bank Sberbank, and the National Settlement Depository, which is part of the Moscow Stock Exchange Group, will pilot the country’s first official ICO using the Bank of Russia’s regulatory sandbox. The experimental ICO proceeds will reportedly be used to launch new tokenized online services by Level […]

Thai Fintech Association, ICORA offer crypto-assets training course

The Thai Fintech Association, together with ICORA Co Ltd, is offering a Crypto Asset Revolution (CAR) course, which will provide participants with a complete understanding and knowledge about investing in crypto assets and ICOs. Thai investors, business owners and professionals from financial institutions have a chance via the new course to learn important and useful […]

Move ‘Em Out: ICOs Don’t Seem So Scary Outside the US

In an environment of regulatory uncertainty, where the SEC has begun investigating ICOs and the industry surrounding the capital raising technology but has yet to make a formal decision of how it will regulate crypto tokens, issuers and other stakeholders are finding other jurisdictions a better bet for launching their projects. Both on stage and off during Blockchain […]

US regulator creates fake ICO to teach investors a lesson

The U.S. Securities and Exchange Commission (SEC) has come out with an ingenious way to guide prospective investors on looking for red flags on ICOs. The SEC recently launched an ICO web page to demonstrate potential investment victims what are the obvious signals of frauds and scams in connection with these investments. The spoof ICO […]