Tagged: ico

June 14, 2018 @ 12:48 am By Erin Hobey  |  

SharesPost, a private company liquidity solutions and private capital markets research provider, has joined forces Security Token Offerings advisory firm Satis Group LLC d/b/a Corinthian Partners LLC. Satis is the first partner participating in SharesPost’s newly-launched global Advisor Partner Program. The partnership aims to result… Read More

June 12, 2018 @ 8:50 am By JD Alois  |  

  Just as North America is drawing a line in the sand, drawing a hard line that defines just about all initial coin offerings as securities, France appears to be heading in a different direction. Organized by the Autorités Des Marchés Financiers (AMF), France launched a consultation… Read More

June 8, 2018 @ 11:44 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission, Division of Enforcement, posted an update on the Titanium Blockchain enforcement action that reviewed the preliminary injunction filed against the firm. A quick review of the update indicated little new pertaining to the SEC’s move to shut down the… Read More

June 7, 2018 @ 10:12 am By Cali Haan  |  

Cryptocurrency used to fundraise for business ventures are regulated securities, cryptocurrencies like Bitcoin are not, and relevant laws will reman, the same, Securities and Exchange Commission (SEC) Chairperson, Jay Clayton, said yesterday on CNBC. The point made by Clayton draws a hard line for any… Read More

June 6, 2018 @ 7:56 am By JD Alois  |  

Imaginea Ai Inc., an artificial intelligence (AI) company based in Canada, is prepping to launch a fully regulated initial coin offering. Imaginea says it has been working closely with the Alberta Securities Commission to ensure the Security Token Offering (STO) is compliant to provincial law…. Read More

June 5, 2018 @ 9:46 am By JD Alois  |  

France decided earlier this year they wanted their country to be a destination of choice for initial coin offerings (ICO). The mission was outlined by Bruno Le Maire, the Minister of the Economy and Finance of France, who labeled cryptocurrencies a revolution. Now we have a… Read More

June 5, 2018 @ 8:16 am By JD Alois  |  

ThinkCoin has entered into a partnership with GMEX Group, a crypto exchange and post-trade solutions platform. ThinkCoin is in the midst of an initial coin offering (ICO) with a hard cap of $30 million. GMEX’s Fusion platform combines centralised trading systems with blockchain technology. GMEX… Read More

June 2, 2018 @ 4:52 pm By JD Alois  |  

Hub Token has raised $13.6 million from 20 investors, according to a Form D filed with the Securities and Exchange Commission. The offering, which is ongoing, seeks to raise a total of $20 million in a Simple Agreement for Future Tokens or SAFT. Hub Token… Read More

June 1, 2018 @ 12:01 pm By JD Alois  |  

EOS, described as an operating system on which scalable Decentralized Autonomous Communities, or “DACs,” can easily be built, launched, and governed, is ready to go. The company seeks to “empower communities to create the next era of disruptive organizations.” In a Tweet, EOS announced that… Read More

May 30, 2018 @ 7:49 am By JD Alois  |  

Titanium Blockchain (TBIS), founded by Michael Alan Stollery, aka Michael Stollaire, has issued an official statement regarding the enforcement action by the Securities and Exchange Commission (SEC) which froze all of the TBIS assets in a court ordered emergency action. TBIS raised approximately $21 million in… Read More

May 29, 2018 @ 9:26 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has received a court approved emergency asset freeze and the appointment of a receiver for Titanium Blockchain Infrastructure Services (TBIS) pertaining to an initial coin offering (ICO). Between November 2017 through at least January 2018, the ICO succeeded in raising as… Read More

May 29, 2018 @ 7:42 pm By JD Alois  |  

VRBex, a cryptocurrency and security token exchange that prides itself on being founded and operated by a team with some serious finance cred, is looking to raise up to $100 million in equity, according to a Reg D 506c filing with the Securities and Exchange… Read More

May 27, 2018 @ 7:49 am By JD Alois  |  

Last week, the North American Securities Administrators Association (NASAA) announced Operation Cryptosweep – an attempt to shut the door on scam initial coin offerings (ICOs) that have polluted the digital assets marketplace. The profound abuse and fraud has marred this new sector of finance harming… Read More

May 22, 2018 @ 11:23 am By JD Alois  |  

A note by Law360 indicates that defendants Sohrab “Sam” Sharma and Robert Farkas, co-creators of Centra Tech and an affiliated initial coin offering (ICO), have pleaded not guilty in the US District Court Southern District of New York. The Centra Tech ICO reportedly raised over $32… Read More

May 20, 2018 @ 2:52 pm By Cali Haan  |  

Russian Prime Minister Dmitry Medvedev has spoken publicly about how draft laws winding their way now through the Russian parliament will define cryptocurrencies and tokens. Bitcoin.com reports that Medvedev recently told an audience at a plenary session of the St. Petersburg International Legal Forum: “We need… Read More

May 18, 2018 @ 8:43 am By JD Alois  |  

The Thailand Securities and Exchange Commission (SEC) said that new legislation enacted to regulate the offering of digital assets, including initial coin offerings (ICOs) and businesses undertaking these activities, is now effective. A public hearing is scheduled to take place on the regulations at a future… Read More

May 17, 2018 @ 7:12 pm By JD Alois  |  

The European Parliament, Committee on Research, Industry and Energy, passed a blockchain resolution yesterday (May 16th) capturing solid support with 56 in favor and 3 opposed.. The resolution included a section on initial coin offerings. European Parliament resolution on Distributed ledger technologies and blockchains: building… Read More

May 17, 2018 @ 12:36 pm By Erin Hobey  |  

Indorse, a blockchain-powered social network for professionals, has partnered with ICOCrunch, an independent research platform that showcases ICO projects. Through this partnership, Indorse will help ICOCrunch add an “additional layer of legitimacy” to projects on the platform. Once a project has been verified through Indorse,… Read More

May 16, 2018 @ 12:00 pm By Cali Haan  |  

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

May 15, 2018 @ 12:00 pm By Olga Feldmeier  |  

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