The SEC Likely to Exempt Blockchain Companies from Current ICO Restrictions
The SEC commissioner Hester Pierce wants the blockchain space and the regulators to work on an eased juridical framework for ICOs in the next three years.
The Securities and Exchange Commission has published a report reminding investors the necessity to register offers and sales of distributed ledger or blockchain technology-based securities.
The SEC commissioner Hester Pierce wants the blockchain space and the regulators to work on an eased juridical framework for ICOs in the next three years.
In a first France, has issued its first “Visa” ICO approval. This came from an ICO that was operated by and applied for on France’s home soil.
Block.one settles with the United States Securities and Exchange Commission (SEC) over its ICO which raised about $4.1 Billion. The fine, however, is less than expected.
The amendments to the Financial Instruments and Exchange Law and the Fund Settlement Act address virtual currencies and aim to intensify crypto trading restrictions.
Here’s a look into the growing popularity of Security Tokens and the regulatory path for the token issuers lying ahead.
Dominik Zynis, co-founder of Wings platform providing community estimations of blockchain projects viability, shares his insights into the last year’s ICO “hysteria”, explaining where this all is going.
According to FSC, the ban will not be lifted, as firms conducting ICOs were making use of foreign jurisdictions, simultaneously raising funds from South Korean nationals.
In various Asian markets, Karnika E. Yashwant, crypto expert and ICO advisor, sees a lot of progress happening for launching ICOs, but not in their governments and shines a light on this phenomenon.
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.
Seven EU nations have declared their intent to promote blockchain technology in their countries. The declaration was made by France, Italy, Cyprus, Portugal, Spain, Greece and Malta.