Sentences with phrase «ico issuers»

He described three situations ICO issuers may be in.

Last fall, the SFC fired a shot across the bow of ICO issuers stating certain ICOs may... Read More

At that time, Mark Branson FINMA CEO explained they were taking a «balanced approach» in helping ICO issuers to navigate the regulatory landscape.

Despite the strict requirements for would - be ICO issuers, the Minister of Communications and Mass Media, Nikolai Nikiforov, commented last week that «it is very important in all projects of the digital economy not to over-regulate what is just emerging,» according to Tass.

They have released a statement that outlines their thinking of how ICO issuers should consider regulation.

Last fall, the SFC fired a shot across the bow of ICO issuers stating certain ICOs may be deemed securities and thus fall under existing securities laws.

Unlike most ICO issuers, Kodak is not a startup or private company known (if at all) only to cognoscenti, but an NYSE - listed and SEC - reporting company, and still a household name.

Without mentioning the names of the token offerings, the SFC said it has also written to seven ICO issuers.

While crypto startups and ICO issuers worry about social media platforms cutting their ads, they could be missing an even more intimidating threat — regulators.

The Securities Division also ordered the ICO issuers to send rescission letters to investors and to refund them within 45 days of the order.

While crypto startups and ICO issuers worry about social media platforms cutting their ads, they could be missing an even more intimidating threat...

«Several complaints against ICO issuers alleged unlicensed or fraudulent activities.»

Robert Rosenblum, a prominent Silicon Valley attorney that represents ICO issuers and big investors, advocated on behalf of thoughtful regulation but cautioned that it was really too early to tell what exactly these rules should accomplish;

The ICO issuers and fundraising / marketing teams usually organize a bunch of ICOs weekly and typically employ a market maker (known as an «MM» in the groups) whose role is to literally pump and dump the coin.

ICO issuers that have raised $ 50 million or more in token sales are being tightlipped when it comes to inquiries about SEC subpoenas.

In some cases, ICO issuers may frame the entitlements received by contributors as a receipt of a purchased service.

That desire is, in part, a component of the NSD's belief that the D3 platform could be a place where ICO issuers hold their annual general meetings (AGMs).

Because D3 will provide the NSD insight into who owns how many shares of which tokens, Yakovlev believes the platform will be integral for ICO issuers when they decide to hold annual general meetings of their own.

Russia's Ministry of Communications published requirements for ICO issuers.

While it has been assumed that the SEC is targeting fraudulent ICO issuers, there are indications that the regulator may actually be investigating all projects that are currently working within the SAFT framework.

After advertisement regarding cryptocurrencies being banned by Facebook, what should be the marketing strategy of crypto startups and ICO issuers?

Registration statement forms were not developed with tokens and the blockchain in mind, periodic reporting requirements were not developed with ICO issuers and platforms as the reporting parties in mind, the securities trading rules were not developed with token platforms in mind, and the regulations governing securities exchanges and markets were not developed with cryptocurrency in mind.

If the report is to be passed as law, ICO issuers in the country will have to clearly lay out how funds were raised, how the assets and profits are to be distributed among investors and the owners of the project; plus, how the ICO - issuing entity will distribute equity and debt.

On a positive note, the Ontario Securities Commission's recent approval of the ICO of Token Funder Inc. on Oct. 17 demonstrated the willingness of regulators such as the OSC to work with potential ICO issuers that are willing to play by the rules and carefully consider the application of relevant securities laws and may serve as a path forward as to how an ICO can be successfully navigated within existing securities laws.

Some ICO issuers offer tokens that look or act like shares in a company, promising ownership rights or future payments.

ASIC is issuing inquiries to ICO issuers and their advisers where we identify conduct or statements that may be misleading or deceptive.

ICO issuers accept a cryptocurrency, like Bitcoin or Ether, in exchange for a proprietary «coin» or «token'that is related to a specific firm or project.

«ASIC is [now] issuing inquiries to ICO issuers and their advisers -LSB-...] As a result of our inquiries, some issuers have halted their ICO or have indicated the ICO structure will be modified.»

ICO issuers that have been deemed to promote «misleading or deceptive» statements have been contacted by the securities watchdog for a formal inquiry, the statement said.

Likewise, most of the ICO issuers declared that their tokens were either following the law, or that they would cease to offer them to Hong Kongese investors without delay.

Consequently, today's statement announced that the commission sent 14 letters — seven to ICO issuers and seven to cryptocurrency exchanges — warning all parties that failure to comply with Hong Kong's Securities and Futures Ordinance will not be tolerated.

The issue is that most of the ICO issuers, in their haste to exploit a truly insane speculative bubble, don't want to go through the trouble and expense of registering these tokens as securities, or comply with the ongoing reporting which so doing would necessarily entail.

In the past months, the regulator has taken action against a number of ICO issuers and crypto asset platform operators.

The authority also requested seven ICO issuers to immediately cease offering tokens to Hong Kong investors.

ASIC announced it was targeting the sale of digital tokens and is issuing inquiries to ICO issuers and their advisers where they identify conduct or... Read More

The Securities and Futures Commission in Hong Kong has sent advisory letters to cryptocurrency exchanges and ICO issuers in or connected to Hong Kong.

Due to a sharp increase in ICOs and the desire of many ICO issuers to generate publicity for their offerings, many blockchain «news» organizations have been increasingly willing to abandon their journalistic integrity by publishing paid promotional content, without disclosing the source of the content.

In 2017, ASIC revised its guidance to ICO issuers, bringing token offerings recognized as «managed investment schemes,» «non-cash payment facilities,» or derivatives offerings under the auspice of the Corporations Act of 2001.

Crucially, any prospective ICO issuer must consider in advance the legal implications and structuring options of the ICO.

Background: Overstock.com might seem like an unlikely ICO issuer, but the company has been an early adopted of cryptocurrencies.

The receiver for AriseBank, the Texas ICO issuer at the center of a securities fraud case, suspects the firm's co-founders have not been entirely forthcoming with asset disclosures, documents show.

Another ICO issuer effected by the hack but soldiering on is Iconomi, a digital asset management platform that raised more than $ 10 million from a token sale in September.

Not exact matches

The threat of increased regulation is still a dark cloud hanging over Bitcoin sentiment, however, with many fearful the U.S. Securities and Exchange Commission (SEC) is about to crack down on initial coin offering (ICO) issuers.

Crypto only exchange opening up to all token issuers as a self - service platform for both ICO and Secondary Exchange.

«Element Group founder Stan Miroshnik, whose investment bank is focused on digital token crowd sales and ICOs, calls it the somewhat inevitable bifurcation between «tier one issuers and everybody else,» wherein the «big, quality offerings are drawing the majority of capital.»

The SEC's approach to ICOs has spooked token issuers from making their project available on U.S. soil.

By extension, simply because a coin is issued in an ICO and subsequently traded on the blockchain does not necessarily mean the issuer of the coin is in the business of dealing in securities.

An issuer selling tokens in an ICO to Canadians would certainly have its work cut out for it in attempting to argue it was in fact selling utilities, commodities or licenses to use some sort of yet - to - be developed platform.

«As a result of our inquiries, some issuers have halted their ICO or have indicated the ICO structure will be modified,» ASIC said, though it is not entirely clear how many projects have been canceled in light of the recent inquiry.

As a result of our inquiries, some issuers have halted their ICOs or have indicated the ICO structure will be modified.