Category: ICO

Monetary Authority of Singapore freezes securities token offering for regulatory breach
January 25, 2019 BY Valentina Kirilova

Monetary Authority of Singapore freezes securities token offering for regulatory breach

The Monetary Authority of Singapore (MAS) has today announced that it has stopped an ICO issuer from proceeding with its securities token offering in Singapore. Initial Coin Offerings (ICOs) have raised over $10 billion over the past two years, but reports indicate that nearly 80% of these fledgling startups will fail, either due to poor business planning, incompetent…

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Crypto ICOs showing a comeback, after major drop off in 2018
January 18, 2019 BY Mariela Naydenova

$13 billion - the amount "printed" by ICOs

it's staggering to actually realize the magnitude of ICOs, especially when it comes to the actual amount of printed money that resulted from the creation of initial coin offerings. According to a research by TokenAnalyst.io, around $13 billion have been made as a result of ICOs. This sum is for the period 2017 - 2018.…

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Dukascopy Bank launches Dukascoin
January 15, 2019 BY Valentina Kirilova

Dukascopy Bank SA launches the Dukascoin website

Dukascopy Bank SA has announced that its Dukascoin's website www.dukascoin.com is now on-line. Clients will now be able to find general information about the project, up-to-date news, as well as download the first official release of the Dukascoin White Paper. LeapRate reminds that the ICO of Dukascoins/Dukasnotes has been a subject to a green light…

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December 24, 2018 BY Mariela Naydenova

ICO regulations in the United Arab Emirates

Back in October 2018, the United Arab Emirates announced its plans to make ICOs official corporate funding options and further expand its leading cryptocurrency position in the world. Reuters reported that the new regulation will come into effect some time in 2019, with ICOs legitimately "replacing" IPOs, if companies decide to do so. The major…

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Dukascopy Bank launches Dukascoin
December 19, 2018 BY Valentina Kirilova

FINMA gives a green light to Dukascoin

The ICO of Dukascoins/Dukasnotes has been a subject to a green light from the Swiss Financial Market Supervisory Authority (FINMA) for two months now and the good news has finally arrived. FINMA has given a green light to Dukascoin, making it the first ever ICO of a Swiss Bank. Dukascopy Bank has announced the Live…

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Are Altcoins doomed? Bitcoin pioneer and sidechain developer says ‘Yes’
December 17, 2018 BY Valentina Kirilova

SEC says international support critical to bring sham ICOs to justice

The SEC is determined to eradicate the rampant fraud that persists within the Initial Coin Offering (ICO) space. Steven Peikin, co-director of the Securities and Exchange Commission’s enforcement division, recently delivered a speech to the Harvard Law School’s Program on International Financial Systems in which he made known his agency’s desire to clean up the…

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