Crypto companies Bionic Coin, Sybrelabs Ltd and Global Pay Net will receive cease and desist orders from the regulators if they fail to justify their ICOs.
The SEC Secretary General said that out of these 50 ICO projects, "it remains uncertain whether all of them will be given operating licences to raise funds".
ICOs targeting Chinese investors have received a warning from the governor of the People’s Bank of China. A report has also been released, stipulating strategies to curb the situation.
A statement from the executives read that Hong Kong will "keep a close watch on cryptocurrencies and Initial Coin Offerings, intervening where appropriate."
John McAfee, a renowned cybersecurity entrepreneur, has announced plans to fight back SEC’s increased oversight on cryptocurrencies. He also plans to stop promoting ICOs. Meanwhile, Ethereum…
The first token listed on the TrustToken platform is TrueUSD – a stablecoin whose price is pegged to the US dollar.
The Chief Executive of the Moscow Stock Exchange (MOEX), Alexander Afanasiev, has told Reuters that they are developing an platform for upcoming and active ICOs. The platform, which will not…
Funding through ICOs is up at least 20x since 2016. ICO funding in the blockchain space amounted to 5x the amount raised via VC funding. There are two key reasons why an increasing number…
The month of May has so far been ICO-friendly, with the funds raised doubling the amount raised last year in May, with 15 days more to close the month.