Archive | ICO

ICO Listings Lucrative Business for Crypto Exchanges

Alex Mashinsky, CEO of Celcius Network, claims that Initial Coin Offering (ICOs) listings have become lucrative business for cryptocurrency exchanges. He told CCN in an op-ed that the cost of listing new coins and tokens as “trivial and frivolous“. Essentially, a company makes a new coin or token, which can be as easy as a […]

Congressman Invites Crypto CEOs to Capitol Hill for SEC Legislation Talks

A US congressman has invited 32 prominent representatives of the cryptocurrency industry to Washington in order to discuss future ICO legislation. Warren Davidson, the Republican representative for Ohio is to discuss measures to be introduced by the Securities and Exchanges Commission (SEC) this coming autumn after discussions between the Commission and Davidson’s office. Davidson sits […]

Crypto Businesses Get Go-Ahead to Operate in Thailand

The Securities and Exchange Commission (SEC) of Thailand has licensed several cryptocurrency-related businesses to operate, including cryptocurrency exchanges. Magnificent Seven In an official statement, the SEC wrote that the five approved exchanges are Bitcoin Co Ltd (BX), Bitkub Online Co Ltd, Cash2coins Co Ltd, Satang Corporation (Tdax) and Coin Asset. The two approved cryptocurrency dealers […]

SEC Slaps ICO Scammer with $30,000 Fine

David T Laurance has been issued a USD 30,000 penalty from the US Securities and Exchange Commission (SEC) due to his connection with a fraudulent initial coin offering (ICO). He has also been barred from holding officer and director positions, or from trading in and owning penny stocks. Laurance was the president and CEO of […]

Draft Proposal from EU Official Proposes ICO Regulations

Initial coin offerings (ICOs) could be receiving acknowledgment toward a legitimized future, according to a draft report on regulations from the European Parliament. The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has published a draft report that offers insights to new regulatory frameworks for crowdfunding; interestingly, ICOs received a notable mention. Bullish backing […]

South Korea Plans Special Crypto Zone Status for Jeju Island

The South Korean island of Jeju sees itself as a potential crypto haven and has requested that the government allows it special crypto zone status. The island’s governor made the request at a meeting with Kim Dong-yeon, Korea’s finance minister and deputy prime minister for the economy, and other government officials in an attempt to […]

High-Profile Thai Crypto Case: Bitcoiner Lost Over 5,500 BTC – Ringleader Fled to US

A high-profile crypto case involving a well-known actor and model has come to public attention in Thailand following the enforcement of the country’s crypto regulations. Over 5,564 BTC were reportedly stolen from a bitcoin millionaire. The alleged ringleader has fled to the U.S. Thailand’s main crypto regulator is cooperating with the police on the case. […]

An ICO Venture Is Trying to Take Over a Tokyo Stock Exchange Listed Company

Could we soon see a token-backed project listed on one of the biggest equity venues in the world? An Asian ICO venture is reportedly trying to take over a Tokyo Stock Exchange listed firm, which would effectively make it a public company. Also Read: Crypto Cafe and Coworking Space ‘Hash House’ Established in Xi’an, China […]

10-Year Token Payment Delay Show Rare Developer Commitment

Beijing-based startup Nebulas has made the decision to postpone the initial coin offering (ICO) team’s token payments. They added an additional seven years to prove their determination for the company’s success, in a rare case of altruism for the lambasted industry. The ICO team were initially planned to be paid through reserves of the startup’s […]