New York Government Arrests Businessman Due to Alleged ICO Fraud
The US Attorney’s Office Eastern District of New York has announced that New York-based businessman Maksim Zaslavskiy was arrested on Nov. 1, 2017, due to securities fraud conspiracy in connection with two initial coin offerings (ICO). Zasl
November 02, 2017
Catalonia Considers Separate Digital Currency and E-Residency Program
Catalonia, which is fighting for independence from Spain, is considering an e-residency program similar to the one in Estonia. Catalonia is also considering adopting its own digital token or cryptocurrency. The Government of Catalonia, the
October 29, 2017
The Basics on FACTS: A New Model for Compliant ICOs
Jaron Lukasiewicz is a co-founder of WRKFLOW, an advisor to several blockchain companies and the founder of Coinsetter, a cryptocurrency exchange sold to Kraken FX. In this opinion piece, Lukasiewicz proposes a way for initial coin offering
October 29, 2017
Kazakhstan Following Russia's Lead with Own Cryptocurrency
Kazakhstan has become the latest country to show an intention of creating its own fiat-based digital asset, following in the footsteps of its former Soviet handlers, Russia. It was announced via the country's government-supported Astana Int
October 23, 2017
Put 10% Savings in Bitcoin, Mark Cuban Tells Vanity Fair ‘Adventurers’
Investor and entrepreneur Mark Cuban has upped his cryptocurrency advocacy, telling Vanity Fair readers to put 10 percent of their money into it. In a video guide on “getting rich,” Cuban produced nine tips on maximizing potential wealth lo
October 20, 2017
Christine Lagarde Convinced IMF Could Play Pivot Regulating Cryptocurrencies
IMF head Christine Lagarde’s positive comments on cryptocurrency appear to have inspired a U-turn in traditional finance circles. Lagarde’s suggestion that digital currencies could give fiat-based setups “a run for their money” provided a p
October 10, 2017
Signs Appear Suggesting Chinese Government May Have Entered Cryptocurrency Market
After Chinese government’s ban of ICOs last month, there are continuous rumors saying that Chinese government is preparing to enter the cryptocurrency market. However, no official announcement has been made to verify the rumor. Before Oct.
October 10, 2017
Hedge Funds Investing Early in ICOs is Abusive: Cryptocurrency Investor
Kyle Samani, a managing partner at Multicoin Capital, a diversified blockchain investment fund, believes hedge funds investing or participating in initial coin offerings (ICOs) as early investors and then cashing out immediately thereafter
October 09, 2017
Appcoin Law Part 2: The SAFT Solution
Nearly a year ago, I gave a generalized explanation of how some token sales might violate federal securities laws in the U.S. I also gave some tips on how to build a token and network that would avoid security status. Unfortunately, many to
October 03, 2017
Following Ether Flash Crash, US Watchdog Investigating Coinbase for Margin Trading
The Commodity Futures Trading Commission has set in motion an investigation into a flash crash of Ethereum on Coinbase’s exchange to determine what role leveraging might have played in the plunge. This past June, on Coinbase’s GDAX exchange
October 03, 2017
Japan Issues Licenses for 11 Bitcoin Exchanges
Japan's Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges. In an announcement today, the regulator confirmed the action, one that follows an amendment to the payment services law that mandated all cryptoc
October 01, 2017
Swiss Finance Regulator Is 'Investigating ICO Procedures'
Switzerland’s top financial markets regulator is investigating the practices behind an undisclosed number of initial coin offerings (ICOs). Though it didn't name any specific token sales, the Swiss Financial Market Supervisory Authority sai
October 01, 2017