Sentences with phrase «virtual coins offered»

The bill goes on to define a «virtual coin offering» as any token sale where the token is treated as a security as defined by existing Arizona law.

Two new bills introduced by the representative include «virtual coin,» «blockchain» and «virtual coin offering» as new terms to be included in the Arizona government's list of definitions, particularly as they relate to securities and crowdfunding.

Another bill sponsored by Weninger would formally define the terms «virtual coin,» «blockchain,» and «virtual coin offering» within the state's legal framework.

To date ICOs raised $ 3 bln, averaging 20 new virtual coin offerings a month, that produced an average investment return of 1,320 percent, 293 times S&P 500 return of 4.5 percent during the third quarter of 2017.

Not exact matches

From a halt to virtual currency trading on domestic exchanges to banning initial coin offerings, regulators have taken a proactive role in shaping the stratospheric rise of Bitcoin and its peers.

First it banned initial coin offerings, or ICOs — the equivalent of initial public offerings for new virtual currencies.

The Securities and Exchange Commission late last month issued its first warning for the many entrepreneurs who have been raising money by creating and selling their own virtual currencies in what are called initial coin offerings.

«From the date of release of this Notice, any so - called platform that provide trading and exchange services for coin offering shall not engage in exchange businesses between legal tender and token or «virtual currency»; or engage in proprietary trading activities or trading as an central counterparty of tokens or «virtual currencies»; or provide pricing services or act as information intermediary for tokens or «virtual currencies.»»

Worried over risks of speculative trading, in September South Korea banned initial coin offerings, or raising money through bitcoin or other virtual currencies.

Both agencies have been working vigorously to determine what sort of jurisdiction they have over virtual currencies and related initial coin offerings (ICOs).

Many investors were also putting their money into custom virtual currencies released by entrepreneurs in so - called initial coin offerings.

In July of this year, the United States Securities and Exchange Commission (SEC) took a critical first step to rein in the growingly speculative bubble surrounding these start - ups when it issued a report concluding that such coin offerings should be predominantly classified as securities offerings, and hence mandated to fall under registration, disclosure and other requirements that apply to securities, regardless of whether those securities are purchased with virtual currencies or distributed with blockchain technology.

The Philippine securities regulator stressed the country's virtual currency regulations are in the works even after it shut down its first coin offering last week.

«If they are securities, the offer and sale of these virtual coins or tokens in an ICO are subject to the federal securities laws» — US Securities and Exchange Commission (SEC), July 25, 2017

Continuing its crusade against cryptocurrency, China reportedly plans to limit domestic participation in foreign initial coin offerings (ICOs) and international virtual currency transactions.

Income tax return filing platform ClearTax on Friday said it has tied up with virtual - coin exchange Zebpay to offer tax guidance...

Companies have raised more than $ 1.7 billion through initial coin offerings, or ICOs, this year by selling their own customized virtual currencies.

Whether you find this to be good or bad, Slotomania offers a near constant stream of in - app purchase incentives and special promotions primarily promising deals on coins (you may choose to buy a little stock pile of virtual currency to begin with, even though there are plenty of opportunities to win and earn it as you play).

The offer, which should cost Amazon quite a bit, is a way for the company to promote its virtual currency, the Amazon Coins, announced earlier this year.

Amazon Coins joins a range of virtual currencies offered by larger sites, including Microsoft's Points for its Xbox Live marketplace and Facebook Credits.

Find and share the best gaming giveaways, game keys, CD keys, DLC codes, beta keys, in - game items, gift packs, virtual currency, offers, freebies, credits, coins, bundles, games and more games.

The labeling will «be applied to games with in - game offers to purchase digital goods or premiums with real world currency,» the ESRB said in a press release today, «including but not limited to bonus levels, skins, surprise items (such as item packs, loot boxes, mystery awards), usic virtual coins and other forms of in - game currency, subscriptions, season passes and upgrades (e.g., to disable ads»).

Club Nintendo members should note that Nintendo is offering 20 free coins: «Purchase any Virtual Console game from the Nintendo eShop on the Wii U console between 12 a.m. Pacific Friday, June 28, and 11:59 p.m. Pacific Sunday, June 30, and earn 20 bonus Club Nintendo Coins.&rcoins: «Purchase any Virtual Console game from the Nintendo eShop on the Wii U console between 12 a.m. Pacific Friday, June 28, and 11:59 p.m. Pacific Sunday, June 30, and earn 20 bonus Club Nintendo Coins.&rCoins.»

The new In - Game Purchases label will be applied to games with in - game offers to purchase digital goods or premiums with real world currency, including but not limited to bonus levels, skins, surprise items (such as item packs, loot boxes, mystery awards), music, virtual coins and other forms of in - game currency, subscriptions, season passes and upgrades (e.g., to disable ads).

While the Wii Virtual Console centers on downloadable classic console games, and Xbox Live Arcade offers classic coin - op and console originals, remakes and remixes, the PlayStation Network's PlayStation Store specializes in full downloads of classic PlayStation One titles for both the PlayStation 3 and PSP.

BlockFi, a startup based in New York which offers loans to owners of virtual currencies using their ether (ETH) and bitcoin (BTC) digital coins as collateral has received $ 1.55 million in funding from firms such as Lumenary, Purple Arch Ventures, SoFi, PJC, Kenetic Capital and ConsenSys Ventures.

In the fall, Fortune broke news that YouNow had decided to host an «initial coin offering,» or ICO, whose virtual tokens would form the basis of a new, and untested, business model.

The ban applies to ads that promote cryptocurrencies and exchanges, as well as initial coin offerings, which allow companies to raise money by selling virtual currency.

The Chinese government previously banned initial coin offerings and halted trading of virtual currencies on local exchanges for a period in 2017.

The dashboard displays the current financial info for the 4 coins that are offered, your account status, and your balance for each of those 4 coins in their respective Coinbase virtual wallets.

«In the wake of (a) significant spurt in the valuation of many VCs (virtual currencies) and rapid growth in initial coin offerings, RBI reiterates the concerns conveyed in the earlier press releases,» it said in a circular issued on Dec. 05, underlining the potential risks of dealing in such currencies.

He co-founded a blockchain - for - business start - up, Block.One, which has sold around $ 200 million of a custom virtual currency, EOS, in a so - called initial coin offering.

Virtual currencies have taken a hit in South Korea, as financial authorities have banned initial coin offering (ICO) and credit exposures that use digital currencies.

Singapore - registered virtual reality company, VRT World announced, last week, that it's holding an initial coin offering (ICO) from March 14 to April 30.

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The SEC teamed up with CFTC to issue a joint statement on Friday, saying: «When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws.»

Prosense.tv, a global leader in broadcasting sporting, cultural and business events in virtual reality (VR) today announced the details of its upcoming initial coin offering (ICO) at the Blockchain Solutions Forum event in Barcelona, Spain.

Financing through coin offerings refer to financing bodies raising virtual currencies such as Bitcoin or Ethereum from investors through illegal sales and circulation of crypto currency or tokens.

China ordered a complete ban on all initial coin offerings by pulling down the shutters of cryptocurrency trading exchanges for containing the inherent financial risks associated with money laundering and hacking of virtual wallets which has plagued the crypto world since the very beginning.

In return for investor cash, the organizations involved offer virtual coins — recorded over the blockchain — rather than traditional company stocks and shares.

This week, the decentralized cryptocurrency marketplace was gearing up for its Token Sale, also known as an initial coin offering (ICO), in order to give thousands of users the chance to use their ethereum (ETH) to invest in virtual currency - related projects and products.

«When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws,» it said.

At the start of this month, China banned so - called initial coin offerings (ICOs), which are a trendy way of raising funds that involves giving investors new virtual tokens, rather than shares.

South Korea's financial regulator on Friday said it will ban raising money through all forms of virtual currencies, a move that follows similar restrictions in China on initial coin offerings.

A virtual reality project built using blockchain technology has raised $ 26 million in ether via an initial coin offering.

A great deal of attention has recently been focused on virtual currency exchange among individuals and companies using initial coin offerings (ICOs)(1) to raise capital from the sale of virtual currencies.

The CFTC said: «These pump and dumps occur in the largely unregulated cash market for virtual currencies and digital tokens, and typically on platforms that offer a wide array of coin pairings for traders to buy and sell.

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Patrick focuses on legal issues associated with electronic payments with an emphasis on money transmission and anti-money laundering compliance for virtual currencies, digital tokens, and initial coin offerings.

Reports have alleged that many Chinese cryptocurrency investors are seeking middle - men agencies on Wechat to facilitate their transactions in order to bypass the nation's prohibitive virtual currency regulations and access exposure to initial coin offerings (ICOs).