Sentences with phrase «token offered»

Lithuania's central bank announced last week that it is probing a domestic initial coin offering (ICO) after determining that the token offered counts as a security.

The token offered by Gron Digital is GRO.

Lithuania's central bank has said it is probing Bankera's initial coin offering after determining that the token offered counts as a security.

However, if there is no prospectus for a token offered under an ICO, it is probably not giving investors the same rights as a share or it may be operating illegally in Australia.

Lithuania's central bank announced last week that it is probing a domestic initial coin offering (ICO) after determining that the token offered counts as a security.

For instance, ConnectJob, «poised to be the Uber of the blockchain economy,» is issuing a token offering that will help them raise millions of dollars (USD) of capital.

Xunlei CEO Lei Chen told CNBC his firm did not raise any money through its token offering last year, so it did not break any Chinese rules.

The SEC also set out guidelines to help companies understand the circumstances when token offerings will fall under its regulatory regime.

«We appear to be seeing a coalescing of opinion by international regulators on the securities implications for certain digital token issuers and the intermediaries for token offerings.

Neuburger adds that those promoting the securities, including Mayweather, could face serious consequences, especially if the company in question has not been truthful in the course of the token offering.

In contrast, many token offerings appear to have gone beyond this construct and are more analogous to interests in a yet - to - be-built publishing house with the authors, books and distribution networks all to come.

Last week, for example, the popular messaging app Kik announced it would embark on a similar token offering, becoming one of the first mainstream brands to embrace the concept.

Friday, September 8, 2017, the People's Bank of China (PBoC) released an English statement that clearly states the position it took on Monday, regarding token offerings (also called coin offerings or ICOs).

Although the Financial Services Commission announced a ban on token offerings (ICOs) in September 2017, it's not completely clear whether that prohibition is still in place.

One of the cornerstones of an ICO is the white paper, a document that describes in detail the token offering — and explains why investors (or «participants,» in crypto parlance) should care.

Indiegogo, a leading crowdfunding platform, has announced that it will now support token offerings, or ICOs.

Russia's Ministry of Finance has published a draft of the long - awaited law regulating token offerings and the trade of cryptocurrencies.

Tezos co-founders Arthur and Kathleen Breitman are reportedly hoping to use money raised in the company's token offering to pay their legal bills as they defend themselves against class - action lawsuits alleging fraud and the sale of unregistered securities.

Remarks made by Philippine banking and regulatory officials on November 21, 2017, put cryptocurrency exchanges and crowdfunding via token offerings in the local spotlight.

On Monday, the People's Bank of China along with several government agencies released a statement declaring that initial coin offerings (token offerings) violate Chinese law.

Telegram split its token offering into two tranches.

Earlier this month, the People's Bank of China, in conjunction with a handful of government agencies, announced a ban on ICOs (token offerings).

The independent financial regulatory body cautioned that «ICOs are very high - risk, speculative investments,» recognizing that many projects are still in their infancy when they initiate token offerings.

On September 4, 2017, the People's Bank of China (PBoC) and several associated Chinese government agencies announced that initial coin offerings (token offerings) are prohibited.

China's prohibitions of cryptocurrency exchanges and token offerings clearly have not dissuaded domestic blockchain development.

While financiers and bankers alike remain skeptical, over the course of 2017, token offerings (ICOs) have attracted billions of dollars of investment and cryptocurrency has drawn increasing regulatory scrutiny across the world.

On September 12, 2017, the United Kingdom's Financial Conduct Authority issued a warning to consumers about the risks associated with investing in token offerings (ICOs).

On Tuesday, the Financial Conduct Authority published a warning about the risks of token offerings, which it called «very high - risk, speculative investments.»

In China, over the last several months, regulators shut down vast swathes of the cryptocurrency world, banning token offerings (ICOs) and demanding that trading on cryptocurrency exchanges cease.

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.

Significantly, Chinese regulators demanded the return of funds previously raised through token offerings.

The next day, the Securities and Futures Commission of Hong Kong (which functions as a special administrative region) separately announced that token offerings could be subject to securities laws.

In recent months, the FCA has issued a warning about token offerings (ICOs), cautioned investors about cryptocurrency contracts for differences, and issued a report that details the denial of banking services to firms exploring distributed ledger technology.

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.

He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.

As regulators squash bitcoin exchanges and token offerings, officials from the PBoC maintain interest in creating a central bank - issued digital currency.

«The reason we chose blockchain technology is that we want to build a network that people can actually trust,» Omise co-founder Donnie Harinsut said in a video explaining the motivation behind the token offering.

The People's Bank of China announced a ban on token offerings (ICOs) in September 2017 and shortly thereafter its broad cryptocurrency crackdown effectively prevented travel by exchange executives.

Over the last several months, Chinese regulators have essentially crushed mainstream trading of private cryptocurrency and clamped down on token offerings (ICOs).

This comes on the heels of several counterpart institutions from other nations also taking positions on the token offering craze.

In what is becoming a common trend among its foreign equivalents, FINMA recognizes that cryptocurrencies and token offerings may, to some degree, fall under previously established laws.

In the cautionary statement, the SFC encourages parties engaged in token offerings to seek legal or other professional counsel with regard to regulatory and legal requirements.

The chairman of the Israel Securities Authority (ISA), Shmuel Hauser, has announced the formation of a national committee to study the regulation of digital currency issuances via token offerings.

This latest action from FINMA is further evidence that the entire financial regulatory establishment across some of the most powerful nations on Earth is taking greater notice of token offerings.

It said that token offerings differ on a case - by - case basis and that investors should be aware of the potential risks of participating in token offerings.

In the Wild West of token offerings, it's nice to see one of the pioneers of decentralization focused on fundamentals, truth, and responsibility.

Token offerings, an increasingly popular means of crowdfunding nascent technology projects through the sale of digital assets, are frequently referred to as initial coin offerings (ICOs) or token sales.

The regulator also warned that token offerings possessing «the characteristics of an investment» will be subject to the Financial Instruments and Exchange Act — even if the tokens are purchased using virtual currency.

The first client to use the company's token offering service will begin fundraising this week.

Switzerland's FINMA is the latest governmental institution from a host of growing nations to comment on token offerings.