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Exchanges risk breaching securities laws with IEOs, SEC official warns
Exchanges facilitating IEOs could fall within the definition of a ”securities dealer” in the event the issuer or investors are based in the United States, the regulator warns.
Exchanges facilitating IEOs could fall within the definition of a ”securities dealer” in the event the issuer or investors are based in the United States, the regulator warns.
Investors have fled the ICO market, perhaps due to the poor performance of most of the projects that have raised funds in ICOs.
Liechtenstein has wanted to be a major hub for blockchain and cryptocurrency companies, just like it has been a target for financial companies.
Vanbex wants to prove that its not a scam, and blames a former employee for making them look like one.
“Crypto Brahma” took money from the group’s ICO but insisted that the intention was never to run an exit scam, promising to return all the investments.
ICOs are out this year, but there’s a new collection of financial products which may or may not suffer the quickly deteriorating reputation of ICOs.
While India will accept applications from startups applying blockchain technology, crypto startups will not be allowed to participate in its sandbox.
A number of cryptocurrency commentators have criticized the growing trend for Initial Exchange Offerings, or IEOs, as an alternative to the discredited ICO model.
VHL Financial is currently in the application phase with the Bermuda Monetary Authority, and the goal is to operate a digital asset exchange in the country after the proper licenses are obtained.
A report has revealed that the number of ICOs that raised funds has halved.
It’s good to remind everyone now and then that they need to be vigilant in order to avoid cryptocurrency frauds and scams.
The Securities and Exchange Commission has given a clear ruling of an ICO that isn’t a security, giving a roadmap for responsible businesses to develop their own tokens.