Sentences with phrase «icos under its jurisdiction»

The Chinese government banned cryptocurrency trading, Canadian authorities dragged ICOs under the jurisdiction of securities law, the U.S. Securities and Exchange Commission (SEC) warned that new rules for ICOs are imminent, and South Korea banned anonymous trading.

Germany follows Switzerland in clarifying obligations for ICOs under its jurisdiction following an increase in queries.

Not exact matches

In December, he issued a statement explaining why he believes certain ICOs should fall under the jurisdiction of federal securities law and, as such, be filed beforehand.

Some market participants say ICOs could be illegal because the companies are selling tokens that can be considered securities, which fall under the SEC's jurisdiction.

The FCA concluded that many initial coin offerings are likely to fall under the FCA's regulator jurisdiction, due to the similarities between IPOs and ICOs, and the prevalence of token sales issuing securities to investors.