Strategy

SEC Again Urges ICO Issuers to Make Contact About Compliance

U.S. Securities and Exchange Commission Chairperson Jay Clayton told an audience in Washington Tuesday that companies seeking to raise funds via digital tokens in an Initial Coin Offering should be proactive in contacting the agency regarding compliance, Law360 reports. “We’re open for business,” said Clayton…. Read More

US Regulators on Consensus Panel Claim Their Doors Open and Rules Clear Regarding ICOs (Initial Coin Offerings)

Representatives from the three bodies policing securities in the US and the Chief Strategy Officer from the Bittrex cryptocurrency exchange spoke on an “Enforcement” panel May 15 at the Consensus conference in New York. Citing an “open door” policy, the regulators- James McDonald, Director of… Read More

Initial Coin Offering Best Practices: Old Rules Still Apply

There has been a lot of hype about initial coin offerings (ICOs) recently, but the truth is that many are failing to hit their target and raise funds for their promoters. Many fail because of their sheer lack of potential. However, many ICOs also fail… Read More

Whether Utility or Security Tokens, What We’re Really Talking About are Digitized Securities

The crypto industry is in transition. The relatively young space that is built on an exciting, new technology platform called blockchain, or decentralized ledger technology (DLT), has enjoyed the attention of invigorated developers and investors. These players are working to define the future of the… Read More

The Sometimes Dubious Practice of ICO Advisors

The world of initial coin offering (ICO) investing is chock full of peril and risk, as well as opportunity. Purchasing a tokenized asset has become a trip to Vegas-like event as investors attempt to discern which ICO will rise and which offering will quickly plummet…. Read More

Australian Cyber Security Firm Entersoft Claims $1 Billion ICO Milestone

  Entersoft, an Australian cyber security firm, says it has now helped to launch USD $1 billion worth of initial coin offerings (ICOs) around the world without a single hack or lost token value. According to Entersoft, during last ten months, the company has helped… Read More

Tone Vays Describes ‘Inevitable ICO Bubble’ at Blockchain Economic Event, Toronto

Well-known “Bitcoin Maximalist” and despiser of ICO’s (Initial Coin Offerings) Tone Vays has lately been so deluged with idiotic requests to advise on ICO’s that he has updated his LinkedIn profile to the following: “I am NOT interested in your ICO/Token Sale. Please send all requests… Read More

Has the Crypto Bubble Popped?

2018 has been a miserable year for cryptocurrencies, as prices have dropped by as much as 70% since their highs since the start of the year. The market capitalization of the entire cryptocurrency market fell from a little over $800 billion in January to a… Read More

Crypto Trends to Watch in 2018: Stepping Aside from Hype and Speculation

As recently noted by Omkar Godbole, only two of the top 25 cryptocurrencies, VeChain’s VET token and Binance coin (BNB), saw gains in the first quarter of this year. That fact really gave me pause for thought. Stepping back from the hype and speculation, in… Read More

PayPal’s Latest Disruption: Inspired by Brick & Mortars?

While some fintechers have announced that brick and mortar banks are dead, others are emulating key features of traditional banks. Fintech behemoth PayPal is reportedly rolling out its new innovations that harken back to mainstream brick and mortar banks. According to wsj.com, PayPal has been… Read More

Asian Pop Stars Leading the Charge into Celebrity-Branded Crypto

Musicians are increasingly looking to crypto to secure and boost bottom lines. Korean paper The Chosun Ilbo reported in February that Korean girl band T-ara are working with Australian firm ENTCash to produce a cryptocurrency or token that fans will be able to trade for… Read More

Vitalik Buterin Proposed Self-Regulated “DA-ICOs” in January: So Far, Few Takers

To considerable fanfare, Ethereum inventor Vitalik Buterin proposed a new type of “Decentralized Autonomous” Initial Coin Offering at ethresear.ch on January 5, 2018, a model that would allow investors to vote for the incremental release or refund of investor capital. Although the proposal was received… Read More

ICOs: Mailchimp Got You Down? BitBounce has a Solution

MailChimp added its name to the growing list of digital services and platforms banning cryptocurrency and initial coin offering promotions this past week. Mailchimp sends over one billion emails every single day sending more list managed emails than anyone (according to the Chimp). Most certainly… Read More

Deadline Approaching: Reg CF Crowdfunding Issuers Must File Form C-AR by April 30th

For companies that have used Reg CF to raise growth capital online compliance does not stop at the Form C. Issuers must file an annual report type document. If you have an end of year (December 31st) fiscal calendar, and you used Reg CF, the… Read More

Initial Coin Offerings: Why the SAFT is DEAD …

Investment in the cryptocurrency industry is currently dominated by the use of Simple Agreements for Future Tokens (SAFTs). While SAFTs were a somewhat novel approach when they were introduced, now that cryptocurrency assets have become almost universally deemed “securities” by the SEC, the use of… Read More

ORCA Alliance’s Avidan & Mičiuda on Taking Advantage of European PSD2 Directive & Prepping for its Upcoming Token Sale

ORCA Alliance, an Open Banking platform designed for cryptocurrency users aims to unite fiat and crypto in a single convenient interface, is taking advantage of the European PSD2 directive. Founded by CEO Natan Avidan, ORCA Alliance aims to give its users the possibility to keep and track… Read More

UPDATE: What the Revised SEIS / EIS Guidelines Mean for Crowdfunders?

  We recently published an article from John Auckland, from TribeFirst, about HMRC’s new SEIS / EIS guidelines. Since we released this, the crowdfunding platforms met with HMRC to discuss the potential limitations these guidelines might present for companies looking to raise money through crowdfunding, so… Read More

Bad News: SAFTs May Not Be “Compliant” After All

The Securities & Exchange Commission (SEC) has reportedly sent a wave of subpoenas and information requests to companies engaged in Initial Coin Offerings (ICOs). The SEC scrutiny is perhaps not surprising, given that, as Crowdfund Insider writes, “if you invest in an ICO, the play… Read More

HMRC’s New Guidelines on SEIS and EIS May Worry Some but There is a Silver Lining

HMRC’s new stricter guidelines around their Seed Enterprise Investment Scheme / Enterprise Investment Scheme (SEIS / EIS) may worry some crowdfunding campaigners, but there is a silver lining. SEIS and EIS, both startup investment tax relief schemes, protect up to 80% of your investment into… Read More

Initial Coin Offerings: Is this How it Should’ve Been a Few Years Ago When US Securities Crowdfunding First Became Legalized?

    The very first initial coin offering (ICO) took place in June of 2013 when Mastercoin raised around $5 million in Bitcoin. That was the same year that Title II of the JOBS Act launched allowing general solicitation (SEC lingo for advertising) under Regulation… Read More