Sentences with phrase «coin offering resembles»

Initial coin offering resembles the traditional term initial public offering.

Not exact matches

Caixin's source described the the ICO industry as resembling a «flock of sheep» stating that the crackdown will be designed to target the «leading sheep of a flock» and that «there will be some exemptions for people who are just following the flock» — suggesting that authorities will pursue individuals who seek to conduct unlawful initial coin offerings, and that consumers who participate in ICOs may not be the subject of legal recourse.