Tag Archives: Initial coin offering

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

Regulation The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized Alexei Moiseev. The Russian Deputy Finance Minister Alexei (more…)

Record ICO Tezos Founders Seek Bail-Out From Foundation

Altcoins Following mounting lawsuits, the founders of Tezos are seeking for their legal costs to be covered by the Swiss-based foundation tasked with managing the funds generated through the company’s ICO (initial coin offering). If successful, the Tezos founders will be using the funds of the very ICO participants that (more…)

The ethereum world is now obsessed with breeding cartoon cats

Ethereum touts itself as an unstoppable “world computer” that will upend industries and revolutionize finance. But, for the moment, one of its most popular applications is a game called CryptoKitties that lets players buy, sell, and breed cartoon kittens. CryptoKitties launched on Nov. 28 and has proved so popular that it’s (more…)

Russia Developing Global ICO Ratings Standard With 30 Countries

News The Russian Association of Blockchain and Cryptocurrency has partnered with representatives of 30 countries to develop a global ratings standard for initial coin offerings (ICOs). The association is also in talks with the Russian central bank to impose limits on ICO investments. Also read: South Korea Outlines Proposed Legislation for Cryptocurrency Exchanges Russia (more…)

South Korea Outlines Proposed Legislation for Cryptocurrency Exchanges

Regulation The South Korean Financial Services Commission is finalizing its proposals to regulate cryptocurrency exchanges. This follows an earlier “Bitcoin Regulation Act” submitted by lawmaker Park Yong-jin. Meanwhile, the prime minister is very concerned about the growth and risks of cryptocurrencies including bitcoin and has called for immediate action. Also read: (more…)

President of Belarus Expected to Sign Decree to Legalize Cryptocurrencies

Regulation A draft decree on the Belarusian High-Tech Park which would legalize cryptocurrencies is awaiting the president of Belarus to sign into law. Among other provisions, if the law is passed, cryptocurrencies and initial coin offering (ICO) tokens will be approved for circulation. In addition, exchanges can trade rubles for (more…)

Japanese Financial Authority Clarifies Policy on Cryptocurrencies and ICOs

Regulation The Japanese Financial Services Agency has recently published a document clarifying its financial administrative policies, including its policy on cryptocurrencies and initial coin offerings (ICOs). Also read: Bitcoin-Based Ethereum Rival RSK Set to Launch Next Month FSA’s Policy Clarifications Japan’s Financial Services Agency (FSA) has recently clarified its financial administrative policies, outlining “what kind (more…)

Ripple CEO and Ethereum Co-Founder Bash ICO Industry

Altcoins In a recent interview, Ripple chief executive officer, Brad Garlinghouse, and Ethereum co-founder, Joseph Lubin, have criticized the current state of the ICO industry. The pair expressed concerns that although many “high-quality projects” are using ICOs as a fundraising vehicle, numerous “copycat projects” have raised money without “intend[ing] to (more…)

Local Japanese Government Considers ICO to Revitalize Region

Featured A local Japanese government is considering a municipal initial coin offering (ICO) in order to raise funds to revitalize the region. It has partnered with private enterprises to begin research into how to launch the mooted ICO. Also read: Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market Japanese (more…)

Monetary Authority of Singapore Publishes “Guide to Digital Token Offerings”

Regulation The Monetary Authority of Singapore (MAS) has published a “guide to digital token offerings”, which seeks to elaborate upon how initial coin offerings (ICOs) will be subject to Singapore’s securities laws. The document comprises a followup to the MAS’ August 1st statement that first clarified that ICOs deemed to be (more…)