Tagged: icos

Darren Marble: Bullish on the Emerging Security Token Offering Market in the US

Darren Marble, CEO and founder of CrowdfundX, a firm that provides a modern spin on financial marketing for the new world of Fintech and online capital formation,  recently commented on the trends and observations in the U.S. security token market. In the write up, Marble made various… Read More

While Most Go Bust, are Successful ICOs Underpriced?

ICOs (Initial Coin Offering) have established themselves in the last year as an effective tool to finance technological start-ups, generally linked to the digital world: from January 2017 to May 2018 about 12 billion dollars were collected issuing tokens. As with more traditional equity offerings,… Read More

Nasdaq CEO Says ICOs Exploiting Retail Investors

The CEO of stock marketplace and benchmark index for US tech stocks, Nasdaq, has come down hard on the opportunism of issuers of ICOs (Initial Coin Offerings), whom she believes are “taking advantage” of retail investors, CNBC reports. An initial coin offering is a relatively… Read More

Mulling an ICO? Look Beyond Glitzy Ads, Ask Tough Questions

  It’s fair to say there’s been a huge swell of investor interest in Initial Coin Offerings (ICOs) – from crypto enthusiasts and retail investors, increasingly through even to institutions. These ‘token sales’, involving  the sale of newly minted coins based on Ethereum, saw businesses… Read More

Lithuania Posts Initial Coin Offering Guidelines

Lithuania has published a set of guidelines seeking to provide greater clarity for cryptocurrencies and initial coin offerings (ICOs). Vilius Šapoka, the Lithuanian Minister of Finance, wrote that his country has seen an ” explosion of ICOs and blockchain based projects.” This explosion has created… Read More

AML and Sanctions Compliance Issues Facing Cryptocurrency Companies

Over the past few years, continued advancements in the payments industry and financial services technology have significantly expanded the way money financial transactions are processed and managed.  Banks and payment and technology firms are accelerating efforts to innovate and adapt financial services alternatives to meet… Read More

Cryptocurrency Scams: Australian Competition & Consumer Commission Reports Sees Increase at End of 2017

The Australian Competition & Consumer Commission (ACCC) has published their 9th annual report on scam activity in Australia.  As one may expect, investment scams posted the highest amount of loss in 2017 with reports to “Scamwatch” and ACORN exceeding $64.6 million (Dating and romance scams’ were… Read More

SEC Commissioner Hester Peirce Says Change is Hard for Regulators, Cryptocurrency Innovation May be Good

“The regulator should be careful not to try to control the development of new technologies.” – Hester Peirce, SEC Commissioner SEC Commissioner Hester Peirce delivered a fascinating speech in LA today, addressing the challenges of innovation in the financial services sector while providing insight into… Read More

Mailchimp Boots Cryptocurrency / ICO Promotions Too

Mailchimp one of the most popular mail management platforms in use today, has given the boot initial coin offering (ICO) promotions and cryptocurrencies in genera. Mailchimp is just the latest addition to a growing list of digital platforms or social media sites, such as Google,… Read More

Precedent: Tokens as Securities Under Brazilian Law & Brazil’s Securities and Exchange Commission

Late last year, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários or CVM) spoke about initial coin offerings (ICOs). At that time, the CVM published a frequently asked questions-like notice (see here). The FAQ lays down some introductory aspects on the subject, conceptually… Read More

Not Everyone Is Doing It: Kickstarter Is A 100% Firm No For ICOs

Following Indiegogo’s announcement that it, along with partner Microventures, listed their first ICO coming for a “Fan-Controlled Football League” (FCFL), that global crowdfunding platform’s competitor Kickstarter has officially announced it will not be doing any ICOs. As previously reported, the rapid rise of tokenized securities… Read More

David Siemer and Wavemaker Partners Publish Report: The Global State of Cryptocurrency and Blockchain

David Siemer, Co-Founder of Wavemaker Partners, a cross-border venture capital firm, dual headquartered in Los Angeles and Singapore, published his State of Crypto Global Overview. In recent months, Siemer deliberated the implications and impact of cyptocurrency on global industry and economic organization, as well as the… Read More

China: WeiyangX Fintech Review

Online Marketplace Lenders Banned from Lending to College Students in China On September 6th, Zhao Jianjun, deputy director of the Department of Finance at Ministry of Education, announced at a press conference that online marketplace lenders are banned from lending to college students in China…. Read More

Independent SRO, The Financial Commission, Extends Fintech Certification to ICOs

The Financial Commission, a self-regulatory body that is dedicated specifically to FOREX, has announced the extension of its Fintech Certification services to companies raising money through Initial Coin Offerings (ICOs). The Financial Commission has been certifying trading platform technology for brokers and exchanges operating in foreign exchange… Read More