The project has raised nearly $ 15 million in an initial
coin offering fundraiser, which ends next week.
Not exact matches
The SEC did not specifically mention bitcoin, and analysts generally expect that the commission is focused on new digital
coins sold through promotional
fundraisers called initial
coin offerings.
Global regulators have taken note of potential risks in initial
coin offerings, or digital
coins released through
fundraisers known as token sales.
Analysts generally said the SEC's focus is less on bitcoin and more on new digital
coins released through
fundraisers known as token sales or initial
coin offerings.
In an uncapped initial
coin offering (ICO) put forth as a «
fundraiser,» the project raised $ 232 million worth of bitcoin and ether in July 2017.
Switzerland's financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA), recently published initial
coin offering (ICO) guidelines that reveal the regulator will oversee the
fundraisers and regulate them either under anti-money laundering laws, and as securities.