With a view to legalize its ICO market, a Japanese research group proposed guidelines for regulating this form of venture-capital fundraising.
The Securities and Investment Subcommittee met to discuss possible ways to tackle ICO-connected issues, while some just snatched an opportunity to castigate digital currency as a phenomenon.
The Financial Services Commission is currently having a third-party view on the decision to lift the ICO ban and is simultaneously exploring ways to use advance blockchain-related technologies and effectively regulate crypto-trading.
As a part of the agency’s months-long probe into the nascent crypto fundraising mechanism, SEC has subpoenaed the online retailer Overstock and requested for additional information about the company’s ongoing $250 million ICO for its tZero alternative trading system.
As the regulatory frameworks around ICOs take shape, the countries with closed doors risk missing out on a technological revolution, says Oleg Poskotin, CEO at Cryptonomos.
A bright representative of Asian crypto market is reseeding the attitude towards ICOs as they may harm their domestic investors.
While the world is discussing bans on crypto activity in some countries, Arizona is going to become a place for blockchain and crypto technologies.
The heads of both the institutions sounded much positive on the Blockchain technology and talked about the need of regulatory approach while dealing with cryptos.
The launch of Bitcoin Futures brought not only the escalation of its price but the hot discussions on the legal and regulatory requirements for that kind of contracts.
Not all domestic ICOs are expected to be heavily affected by recent SEC’s guidance, but it will surely give companies and investors additional regulatory concerns.
The U.S. regulators are getting concerned about the ICOs celebrity promotion calling it “unlawful”.
Regulatory bodies across the globe are tightening the noose over trading of cryptocurrencies or either raising of funds through Initial Coin Offerings (ICOs).
Taiwan’s authorities refuse to follow the examples of China and South Korea in banning ICOs and join Japan in its bitcoin-friendly approach.