ICOs took a huge beating in 2019, with funds raised going down by 95% in 2019. Venture capital firms are filling in the gap, with China now closing in on U.S.
The financial regulator asks a federal court to issue its ruling in the case before it has run its course.
Perhaps believing they’d lose badly in court, the Tezos Foundation have decided to settle their ICO lawsuit out of court.
A recently-published research report into the PlusToken scam highlights the role regulated digital exchanges play in laundering the proceeds of crime.
A recent case undermined the arguments supporting the SEC’s injunction, allegedly preventing Twetch from issuing further tokens.
The California-based startup now owes $16 million after it refused to response to a lawsuit by the SEC.
U.S. rapper T.I has been cleared of charges related to the FLiK ICO which he and other celebrities promoted.
Seagal had accepted $250,000 in cash and $750,000 equivalent in B2G tokens for promoting the Bitcoiin2Gen ICO.
Abu Dhabi Global Market has amended its crypto framework, which has formed part of the FSRA regulations for the past two years.