ICO News

Initial Coin Offering (ICO) is a means of crowdfunding the release of a new cryptocurrency. Generally, tokens for the new cryptocurrency are sold to raise money for technical development before the cryptocurrency is released. Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. And unlike an IPO, there is little or no government regulation of an ICO.

Blockchain Token Projects Can Bypass U.S. Securities Registration Requirements, Says SEC Official
December 14th, 2018

Good news for blockchain token projects concerning their ability to bypass U.S. securities registration requirements. While before they had to stand in the queue to fill out all the documents, now they can obtain so-called no-action letters from the SEC.

Former AriseBank Executives to Pay a $2.7 Million Charge for ICO Scams
December 13th, 2018

For operating a fraudulent Initial Coin Offering, former AriseBank executives have to pay nearly $2.7 million in fines and are prohibited from serving as officers of public companies or engaging in offerings of digital securities.

SEC Chairman: ICOs Are Effective Way of Fundraising
December 11th, 2018

Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.

China’s Central Bank Demonizes Cryptos and STOs at Recent Summit in Beijing
December 10th, 2018

China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud.

Anchoring Crypto: STOs Will Finally Peg Tokens to Calculable Price Points
December 7th, 2018

Daria Generalova, Managing Partner at ICOBox and marketing, PR & communications expert, shares her vision of current ICO and STO landscapes, explaining which funding alternative boasts better potential.

Bitcoin’s Biggest Congress Enthusiast Introduces a Pro-ICO and Crypto Legislation
December 6th, 2018

Warren Davidson, the biggest bitcoin enthusiast in Congress is set to introduce a new pro-ICO and crypto legislation. He believes that cryptocurrencies can thrive in a Federal-regulated environment.

International Cooperation is Essential for Eradicating ICO Fraud, Says SEC Official
December 5th, 2018

The ICO market has exploded in the last two years attracting an ever-rising number of fraudsters. A SEC official now believes that international cooperation is crucial to bring the scammers to justice.

South Korea’s Financial Regulator Unveils Taxation Plans for Cryptocurrency and ICOs
December 4th, 2018

South Korea’s financial authorities are actively working on preparing new taxation plans to introduce taxes on crypto trading and ICOs.

ICO Project Blockvest Beats SEC in Federal Court
December 4th, 2018

The U.S. District Court for the Southern District of California ruled a case between the SEC and Blockvest in favor of the ICO project.

Japan’s Financial Services Agency to Bring New ICO Regulations
December 3rd, 2018

The new guidelines mandate local companies to register with the FSA before launching their ICO digital tokens in the market.