The majority of the investors are extremely sensitive
regarding cryptocurrency token distribution and token pricing.
Not exact matches
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.
Regarding the role of a
cryptocurrency token, there are many unresolved questions among investors as well as regulators.
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.
Bitcoin is widely
regarded as the face of the
cryptocurrency market, which now extends to over 1,100 digital
tokens.
In
regards to the general
cryptocurrency space, Romero continued, «As of January 12, 2018, there are 903
cryptocurrencies and 503
tokens.
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.
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.
The growing craze of
cryptocurrencies among the global folks is posing a pertinent question
regarding whether such digital
tokens can be stored in a virtually secured deposit.
Soon after Trump signed an executive order to put a ban on Venezuela's
cryptocurrency, Petro in The States, now the latest crypto news coming in is that, Bitfine which is the largest
cryptocurrency exchange, has issued a statement on the 27th March 2018
regarding in which it restricts the sale of Venezuela's state - issued Petro
Token (PTR).
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.
Bitcoin is widely
regarded as the face of the
cryptocurrency market, which now extends to over 1,100 digital
tokens.
Cryptocurrency exchange Bitfinex has announced today that in
regards to the Bitcoin network fork on August 1st to create a new chain and
token called Bitcoin Cash, all Bitfinex user Bitcoin addresses holding a settled balance will automatically own equivalent balances in Bitcoin Cash.
The Hong Kong Securities and Futures Commission has sent letters to seven
cryptocurrency exchanges
regarding their listings of securities
tokens without a license.
Cryptopia, the New Zealand - based
cryptocurrency exchange announced today that because of the «lack of proper announcements
regarding mandatory / hardforks of the Waves network, the company can no longer risk hosting Waves - based
tokens on its exchange.»
Before we venture further, it is important that you know that both coins and
tokens are
regarded as
cryptocurrencies.
There is still a whole lot of confusion as
regards the classification of blockchain
cryptocurrencies and
tokens.
Forward - looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made, including but not limited to: statements and expectations
regarding the ability of the Company to (i) successfully engage senior management with appropriate industry experience and expertise, (ii) gain access to and acquire a basket of
cryptocurrency assets and pre-ICO and ICO financings on favourable terms or at all, (iii) successfully create its own
tokens and ICO's, and (iv) execute on future M&A opportunities in the
cryptocurrency space; receipt of required regulatory approvals; the availability of necessary financing; permitting and such other assumptions and factors as set out herein.
Forward - looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made, including but not limited to: statements and expectations
regarding the ability of the Company to (i) successfully engage senior management with appropriate industry experience and expertise, (ii) gain access to and acquire a basket of
cryptocurrency assets and pre-ICO and ICO financings on favorable terms or at all, (iii) successfully create its own
tokens and ICO's, and (iv) execute on future M&A opportunities in the
cryptocurrency space; receipt of required regulatory approvals; the availability of necessary financing; permitting and such other assumptions and factors as set out herein.
Bitfinex, the largest
cryptocurrency exchange, has issued a statement today
regarding its restriction of Venezuela's state - issued Petro
Token (PTR).
Cryptocurrency and
token asset exchange ShapeShift has provided an update to their policy stance
regarding the coming Bitcoin UAHF on August 1st.
The update comes «against a background of increased enquiries to BaFin
regarding the areas of securities and asset management,» the note states, with potential ICO operators enquiring «whether the underlying
tokens, coins or
cryptocurrencies behind so - called ICOs are viewed as financial instruments within the area of securities supervision.»