The Organization for Economic Cooperation and Development (OECD) believes that small and medium-sized businesses (SMEs) may benefit from Initial Coin Offerings (ICOs)—but the industry is not yet matured or duly regulated for the “mainstream.”
The US Securities and Exchange Commission is targeting ICO projects and decentralized exchanges.
The brother of the late Colombian drug lord Pablo Escobar has launched an initial coin offering (ICO) for a dollar pegged stablecoin in a bid to impeach U.S. President Donald Trump.
Hush founder Eric Charpentier has also deleted all his tweets about Hush, as well as his LinkedIn and Telegram accounts.
Congressman Warren Davidson of the state of Ohio believes that crowdfunding may give a possible solution to the proposed wall to be erected on the U.S.-Mexican border.
AriseBank’s former CEO and COO will pay a joint amount of $2.7 million in disgorgement and penalties, on top of $187,767 each.
During last week’s speech focused on the SEC’s annual progress and agenda for 2019, Clayton stated that “ICOs can be effective ways for entrepreneurs and others to raise capital.”
Amid the cryptocurrency market’s recent collapse, blockchain developers have liquidated over $17.7 million worth of Ethereum tokens (ETH) in the past month, marking the largest withdrawal for this year.
The Federal Bureau of Investigation (FBI) has arrested on November 28 AriseBank CEO Jared Rice Sr., charging him with six counts securities and wire fraud.
A U.S. court has denied an injunction lodged by the Securities and Exchange Commission against blockchain-based assets exchange Blockvest.
Professional boxer Floyd Mayweather Jr. and music producer DJ Khaled have recently settled charges filed by the U.S. Securities and Exchange Commission over failing to disclose that both were paid to serve as promoters of Initial Coin Offerings.
Finance Minister Lim Guan Eng has stated that Malaysia’s Securities Commission (SC), the country’s regulator, has informed him about a timeframe for the new rules.
Former journalist Jerry Ji Guo could be facing up to 20 years in prison after allegedly defrauding a number of firms, allowing him to swipe over $3.5 million in digital assets.
According to the issued guidelines, all listed firms aiming to launch an ICO are required to coordinate with SGX RegCo and provide a legal opinion from “reputable” firms explaining the tokens’ nature.
The fraudulent ICO project, dubbed as Union Bank Payment Coin, purportedly created a website that imitates certain elements of the Union Bank’s website interface.