Cryptocurrency token offerings, sometimes dubiously labeled «ICOs,» have raised hundreds of millions of dollars in startup capital.
Not exact matches
GP Bullhound's «
Token Frenzy: The Fuel of the Blockchain» report laid out the current state of
cryptocurrencies, blockchain technology, initial coin
offerings (ICO) and what they think the future will look like.
A popular chat app, Telegram, is the latest established company looking to cash in on the
cryptocurrency craze by selling digital
tokens in a so - called initial coin
offering, or ICO.
Earlier this month, the Merriam - Webster Dictionary added 850 new words and definitions to its online dictionary, including a number of words related to cyrptocurrencies, including the word «
cryptocurrency» and the term «initial coin
offering» (a sort of initial public
offering for digital
tokens).
Typically these
offerings involve the opportunity for individual investors to exchange currency such as U.S. dollars or
cryptocurrencies in return for a digital asset labeled as a coin or
token.
BTCChina said its decision was based on a Sept. 4 directive from Chinese authorities that expressed concern over investment risks involved in
cryptocurrencies and ordered a ban on so - called initial coin
offerings, or ICOs — the practice of creating and selling digital currencies or
tokens to investors to finance start - up projects.
Russia's Ministry of Finance has published a draft of the long - awaited law regulating
token offerings and the trade of
cryptocurrencies.
The SEC is considering classifying certain
tokens that are utilized in crowdfunding as securities, and the bank will provide exchanges with a registration channel to ease compliance with regulations while
offering cryptocurrency - to - fiat exchange services under BSP supervision.
On April 5, it was reported that the Japanese
cryptocurrency exchange Coincheck, which was robbed of some 523 million NEM
tokens on January 26, decided to accept an
offer from online brokerage Monex Group to acquire the beleaguered firm.
Remarks made by Philippine banking and regulatory officials on November 21, 2017, put
cryptocurrency exchanges and crowdfunding via
token offerings in the local spotlight.
China's prohibitions of
cryptocurrency exchanges and
token offerings clearly have not dissuaded domestic blockchain development.
While financiers and bankers alike remain skeptical, over the course of 2017,
token offerings (ICOs) have attracted billions of dollars of investment and
cryptocurrency has drawn increasing regulatory scrutiny across the world.
In China, over the last several months, regulators shut down vast swathes of the
cryptocurrency world, banning
token offerings (ICOs) and demanding that trading on
cryptocurrency exchanges cease.
On August 10, 2017, the Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) released a consumer advisory regarding
token offerings and
cryptocurrencies, which comes a few days after MAS's August 1 clarification on its position on
token offerings.
In recent months, the FCA has issued a warning about
token offerings (ICOs), cautioned investors about
cryptocurrency contracts for differences, and issued a report that details the denial of banking services to firms exploring distributed ledger technology.
He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on
token offerings, colloquially known as ICOs, and on
cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.
The People's Bank of China announced a ban on
token offerings (ICOs) in September 2017 and shortly thereafter its broad
cryptocurrency crackdown effectively prevented travel by exchange executives.
Over the last several months, Chinese regulators have essentially crushed mainstream trading of private
cryptocurrency and clamped down on
token offerings (ICOs).
In what is becoming a common trend among its foreign equivalents, FINMA recognizes that
cryptocurrencies and
token offerings may, to some degree, fall under previously established laws.
For
cryptocurrency users, the FSA explained that the digital
tokens issued through these
offerings present «high risks.»
The sheer number of regulatory bodies that have commented within the past few months could be signaling a seismic shift for
token offerings and
cryptocurrencies in general.
Of course, it's important to remember that Chinese officials recently banned
token offerings and the nation's
cryptocurrency exchanges ceased trading just a few days ago.
Additional dialogue was given to the question of
token sales and initial coin
offerings (ICOs), or funding mechanisms that rely on the use of custom
cryptocurrencies.
An ICO, similar to an initial public
offering of stock, is a fundraising process through sales of
tokens linked to existing
cryptocurrencies.
With the ability to support multiple
cryptocurrencies and
tokens, including Ethereum and Litecoin gambling, our platform can
offer you more than any other casino with Bitcoin.
Not only do MoonLite
tokens offer the level of security that we've come to love about traditional stocks, the MoonLite Project operates in a space that is almost guaranteed to continue to grow, especially if
cryptocurrencies are truly the future of money.
In terms of partnerships, Shivom recently secured backing from DeHedge, a risk - hedging platform for
cryptocurrency investors who want protection for their money staked in
token offerings and
cryptocurrencies.
Twitter to Prohibit Range of
Cryptocurrency Ads Sky News reports that Twitter has plans to eventually ban advertisements for
cryptocurrencies,
token sales, and initial coin
offerings (ICOs), in a move that would follow similar policies implemented by both Facebook and Google this year.
Operators of
cryptocurrency exchanges and founders of blockchain - based companies that have held (or want to hold)
token offerings would be smart to file this information away.
Those who follow
cryptocurrencies will know that an initial coin
offering (ICO) refers to the issuance of digital
tokens to finance a blockchain - based venture.
On September 19, it announced that it had liquidated E-Coin, which purported to be a
cryptocurrency but which FINMA alleged was «fake,» and on September 29, it published preliminary guidelines for businesses conducting
token offerings.
Cryptocurrency exchanges operating in the United States are now required to register with the Securities and Exchange Commission when
offering tokens the agency regards as securities.
HitBTC is a multi-faceted
cryptocurrency exchange and trading platform with support for over 150 tradable digital assets, including
cryptocurrencies,
tokens and initial coin
offerings (ICOs).
Read more in: Blockchain & Digital Currency, Crowdfunding Portals and Marketplaces, General News, Global,
Offerings Tagged augmate, blockchain, crowdfunder,
cryptocurrency, ico, jean - michel arnout, not, pete wassell, security
token
January 30 — The London Football Exchange (LFE) has unveiled plans to launch its own
cryptocurrency that will
offer LFE
token holders special discounts, exclusive
offers, rewards and other club and league incentives.
The initial coin
offering, or
token generation event (Liriano's preferred term), allows accredited investors to bankroll the creation of a blockchain that will repay them in «coins» or «
tokens» that can be used on the network or traded for other
cryptocurrencies.
On Aug. 24, the Canadian Securities Administrators issued CSA Staff Notice 46 - 307 regarding
Cryptocurrency Offerings confirming that while some businesses attempt to market their coins /
tokens as software products, taking the position that the coins /
tokens are not subject to securities laws, in many cases, when the «totality» of the
offering or arrangement is considered, the coin /
tokens should properly be considered securities.
Following quickly on the heels of the SEC report, the Canadian Securities Administrators (CSA) released a Staff Notice on
cryptocurrency offerings on August 24, which acts as a joint statement on how Canada's provincial and territorial security regulators view ICOs / Initial
Token Offereings (ITOs).
As the world reacts to the uncertainty of
cryptocurrency offerings, such as initial coin
offerings, initial
token offerings and sales of securities of
cryptocurrency investment funds, many startups in the community are having discussions on what the future of Canadian innovation in the
cryptocurrency space looks like.
While the final set of rules has not yet been released, the MFSA did state that, based on industry feedback, it has updated its existing rules proposal to allow for investments in both
cryptocurrencies and
tokens released as part of an initial coin
offering (ICO).
Last year in July, Coindash - an Israeli
cryptocurrency trading platform - was preparing to launch its initial coin
offering (ICO), but in the earliest stages of the sale, a hacker seized the company's website and stole more than 43,000 ether
tokens.
Such
offerings involve the opportunity for individual investors to exchange fiat currency or
cryptocurrencies in return for a digital asset labeled as a coin or
token.
Revealed at Money2020 in Las Vegas, Bloq is unveiling metronome, a
cryptocurrency that seeks to claim a series of firsts in crypto - economics, including
offering users the ability to switch the same
token back and forth between blockchains as desired.
Pecunio's products and services cover the whole lifecycle of blockchain innovation, from angel & venture capital (AC & VC) investments and initial coin
offerings (ICO), to exchange - traded
cryptocurrencies and asset - backed
tokens.
As part of growing its platform, Everex is launching its initial coin
offering (ICO), meant to crowdfund capital in exchange for digital
tokens, wherein early adopters can get gains from better pricing on its
cryptocurrency upon launch..
In addition, Soma also
offers users an opportunity to earn
tokens and
cryptocurrency through arbitration — a third party can act as an arbiter if there are any transaction disputes.
The project made headlines last month after Seagal, best known for his action film roles in the 1990s, publicly endorsed the
cryptocurrency offering through his official Twitter account - a notable development given the string of endorsements seen last year and the subsequent warning by the U.S. Securities and Exchange Commission (SEC) regarding celebrity involvement in
token sales.
A popular chat app, Telegram, is the latest established company looking to cash in on the
cryptocurrency craze by selling digital
tokens in a so - called initial coin
offering, or ICO.
Lawyers are licking their chops As Initial Coin
Offerings (ICOs) continue to bombard
cryptocurrency investors left and right, Ripple CEO Brad Garlinghouse has stated that entrepreneurs issuing digital
tokens would be wise to «save some of those proceeds» for impending lawsuits.
CoinLion (
Token Name / Symbol: LION) announced on Wednesday its initial coin
offering (ICO) round has closed and development of its digital asset management platform and
cryptocurrency exchange is currently underway.