Bookmarking Crypto Insights
Auto Added by WPeMatico
During the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so far, $80.2 million can be attributed to the Chelle Coin ICO. Also Read: How US Government Shutdown Affects Bitcoin ETF Approval Slow Start to 2019 for Initial … Read more
The former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs). Also Read: Two US States … Read more
Colorado Securities Commissioner, Gerald Rome, has issued a cease and desist order to Florida based Linda Healthcare Corporation and its founder, Arturo Devesa, halting the company’s initial coin offering (ICO) due to the token sale being deemed an offering of an unregistered security. The cease and desist is a reaffirmation of a previous ruling made … Read more
Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has announced that it has launched proceedings against initial coin offering (ICO) issuer, Envion AG. Also Read: Bolivar ‘Anchored’ to the Petro to Be Issued in August, Maduro Says FINMA Launches Proceeding Against $100 Million ICO A press release published by the Swiss Financial Market Supervisory … Read more
Cornerstone Research, an economic and financial consulting company, has published a report finding that more than 6% of the securities class action filings made in 2018 have related to initial coin offerings (ICOs) and cryptocurrencies. Also Read: Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation 6% of Securities Filings in 2018 Have Related … Read more
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U.S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority … Read more
Estimates are indicating that the total sum of capital raised by initial coin offerings (ICOs) in May exceeded the total sum raised in April – comprising the first month-over-month increase in the total sum raised by ICOs in 2018 so far. Also Read: Markets Update: Slight Comeback Shows Cryptocurrencies Press Forward Month-Over-Month Performance of ICOs Up … Read more
United States Securities and Exchange Commission (SEC) Commissioner, Hester Peirce, delivered a speech before the Medici Conference earlier this month discussing many issues pertinent to ICOs. Mrs. Peirce indicated that the SEC is open to discussion of developing a regulatory sandbox for ICOs, however, expressed a number of concerns surrounding the legislative model. The commissioner … Read more
Mike Finch, the co-founder of ICO Alert, has discussed the present state of the initial coin offering (ICO) industry. Mr. Finch shared his assessment that although the social media advertising ban has had a significant adverse effect upon the performance of promotional campaigns for ICOs, the number of new ICOs brought to market has significantly … Read more
United States Securities and Exchange Commission (SEC) commissioner, Robert Jackson, has expressed his belief that initial coin offerings (ICOs) will be legitimized under existing securities legislation. Despite the optimistic outlook, the commissioner has criticized the current state of the ICO industry. Also Read: Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov SEC … Read more
