The French authorities have accepted the legal ICO framework drafted in early 2018. The framework is an important part of a push to turn the country into an ICO hub.
According to the recent ruling made by a US federal judge, criminal cases related to shady ICOs officially fall under securities laws.
The Australian Securities and Investments Commission views cryptocurrencies and crypto-related activities including ICOs as potential threats for traditional financial markets.
The proposed draft defined ICO as a legal and innovative crowdfunding technique willing to oblige to certain security rules that are expected to decrease fraudulency.
The Philippine SEC has introduced the draft rules on how companies can fundraise via ICO whereas all token are defined as securities by default.
G20 member countries held a summit devoted to digital assets. Currently, they are looking at an October deadline for reviewing a global anti-money laundering (AML) standard on cryptocurrency.
CFTC tells investors that digital tokens promoted by businesses may either be categorized as securities, derivatives, and commodities, depending on how they are structured.
Bithumb, one of South Korea’s major cryptocurrency exchanges, is expanding its geography to Thailand and Japan.
As a part of this approval, Coinbase will be able to list the ICOs on their platform and thus trade digital tokens that are deemed as securities.
The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing.