Regulators continue to pressure cryptocurrency exchanges and initial coin offerings. This is only normal, as these new industries present many opportunities but also pose major challenges. The Monetary Authority of Singapore is cracking down on problematic ICOs. So much, in fact, that one particular project was forced to return its funds to Singaporean investors. Another ICO Goes Awry Over the past few months, various initial coin offerings have been scrutinized by regulators all over the world. The SEC has been cracking down on illicit projects and trying to bring them to justice. A fair few projects were shut down after violating securities laws. ThisPowered by WPeMatico
