Analysts associated with the Crypto Finance Conference compiled the research based on publicly available data of the top 100 ICOs by country in terms of funds raised and ranked them by number of projects launched.
The report highlights the U.S. as the most favorable country for ICOs with a total of 30 companies launched in the field.
The second country is Switzerland, which is responsible for half as many of the projects, while Singapore is ranked third place with 11 projects.
Top ‘favorable’ ICO countries from Crypto Finance Conference’s study The report also features Russia, Estonia and the UK as some of the most promising countries for crypto project funding.
As a top location for conducting biggest ICOs and crypto projects, the U.S. continues to combat cases of illegal activity in the sphere.
After announcing a blanket ban on cryptocurrencies in September 2017, China’s central bank publicly called the move a success on July 7, 2018. Unauthorized Financial Products Will be “Crushed” On July 9, 2018, Yicai reported the statements of Pan Gongsheng, head of the Internet Finance Rectification Working Group, who noted that the country still holds a pessimistic view of ICOs,.
Speaking at an internal meeting of the Internet Finance Rectification Working Group on Monday, Pan Gongsheng reiterated that ICOs, “disguised” ICOs and crypto asset trading are illegal in the country, and represent illicit forms of fundraising and securities issuance.
Thailand are now on hot pursuit of cryptocurrency regulations which will in turn go on to see the country adopt a similar approach to regulation as we have seen in Japan. Though at the moment, even Japanese style regulation is looking uncertain at the moment.
The Crypto Investment Bank will help its clients towards fundraising process through ICOs as well in developing their blockchain networks. Representatives from the blockchain division of the Russia-based payment service provider Qiwi has announced the launch of the country’s first crypto investment bank named HASH.
Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports
The Maltese Parliament has voted into law three cryptocurrency and blockchain bills, making Malta one of the most desirable locations for setting up blockchain enterprises.
\Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G.
“When Blockchain Revolution came out, bitcoin was worth around $7 billion. Today, it’s more than twenty-two times that. Bitcoin is the workhorse of the cryptocurrency world and the cryptocurrency that launched a thousand ships.
Thailand’s financial regulator the Securities and Exchange Commission (SEC) has confirmed five ICOs are ready to raise funds via the country’s new fundraising regulations, local media Bangkok Post reported June 13.
Thailand’s securities regulator is reportedly expecting to approve five initial coin offerings (ICOs) later this month. According to the Bangkok Post on Wednesday, the Thailand Securities and Exchange Commission (SEC) has said that, while 50 ICOs in the country are currently applying for regulatory approval, five of them are already in a position to move ahead.
Regulation The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the country, only five satisfy the registration requirements set out by the regulator this week.
Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.
Lithuania has released comprehensive new “guidelines” on Initial Coin Offerings (ICOs) in a document published June 8. Officials are heralding the move as a “step towards certainty and transparency” in the country.
Thailand’s Security and Exchange Commission has released a comprehensive framework for the regulation of the country’s cryptocurrency market. The laws cover ICOs, approved cryptocurrency trading pairs, and licensing fees for market operators.
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