Home » Tag Archives: ICOs

Tag Archives: ICOs

ICOs Can Be Effective, But ‘Securities Laws Must Be Followed’

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton has said that Initial Coin Offerings (ICOs) “can be effective” but that “securities law must be followed.” Clayton spoke on the subject during a speech about the SEC’s activity this year at the BLANK. In regards distributed ledger technology (DLT), digital assets and ICOs, Clayton stated that this is an ...

Read More »

Crypto ICOs in Crisis, Running Out of Money With No Products

In the bull market of 2018, initial coin offering (ICO) projects in the crypto market raised tens of millions of dollars on average from investors in the public market to create decentralized applications (dApps) and systems. Fast forward 12 months, most of the ICO projects that currently exist in the sector have either have no working products to show or ...

Read More »

Congressman Finalizing Bill to Exempt ICOs from Securities Laws

Republican Congressman Warren Davidson, an avowed bitcoin adn blockchain fan, plans to introduce federal legislation that will regulate initial coin offerings (ICO) and cryptocurrencies. The bill would create an “asset class” for tokens, which would prevent them from “being classified as securities, but would also allow the federal government to regulate initial coin offerings more effectively,” Cleveland.com reported. US Congressman ...

Read More »

International Cooperation ‘Critical’ to Bringing Illegal ICOs to Justice: SEC

International cooperation is essential for eradicating ICO fraud, said Steven Peikin, co-director of the Securities and Exchange Commission’s enforcement division. Peikin made the remarks during a December 3 speech at Harvard Law School’s Program on International Financial Systems, where he discussed the astonishing growth of the ICO market. “The sponsors of ICOs are, in many instances, located outside the United States,” Peikin said. ...

Read More »

Celebs and ICOs: The Makings of a Dangerous Duo

Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to be made. As Cointelegraph has previously explored, some celebrities have gone on to achieve success in their crypto-related ventures, while others have been embroiled in ...

Read More »

South Korea Reveals Plan to Tax ICOs and Cryptocurrencies

The Finance Ministry of the South Korean government announced a plan to tax initial coin offerings and digital currencies in accordance with the creation of the taxation infrastructure and international trends. South Korea Closer to Legalize and Tax Crypto Fundraisers as New Government Takes Over Hong Nam-ki, Minister of Economy and Finance and Deputy Prime Minister nominee, has submitted a ...

Read More »

Could South Korea Follow Japan in Allowing Private Crypto ICOs?

On November 26, the Financial Services Agency (FSA) of Japan held an internal meeting to discuss the possibility of allowing private crypto initial coin offering (ICO) projects. Nikkei exclusively reported that local financial authorities are actively exploring the legalization of ICOs for institutional investors and accredited investors, as long as they are lawfully conducted within the boundaries of existing financial ...

Read More »

South Korea’s Finance Ministry Considers Taxing Crypto and ICOs, New Minister Reveals

South Korea‘s Finance Ministry is considering taxation on cryptocurrencies and Initial Coin Offerings (ICOs), daily English-language newspaper The Korea Times reports Monday, Dec. 3. Hong Nam-ki, South Korea’s new Minister of Economy and Finance as well as new Deputy Prime Minister, revealed that а crypto taxation plan will be finalized according to global taxation trends in the industry. Pointing to ...

Read More »

Social Media Influencers Who Promoted Crypto ICOs

CCN is expanding. Are you our next full-time journalist from the West Coast USA? Send us your CV and examples here. The U.S. Securities and Exchange Commission (SEC) is actively cracking down on crypto initial coin offering (ICO) projects and a top official said earlier this year that dozens of cases are pending. The next wave of enforcement by the SEC, ...

Read More »

At Least 12 $50 Million+ ICOs Still Haven’t Launched Tokens, Says BitMEX Research

At least twelve Initial Coin Offering (ICO) projects that raised over $50 million in their token sales have yet to launch, new data by cryptocurrency trading platform BitMEX revealed Nov. 21. In a mailing list circular, CEO Arthur Hayes identified well-known projects such as Telegram, Filecoin and Overstock’s tZero among the twelve big ticket ICOs still yet to determine when ...

Read More »