As a part of new regulations, ICO issuers will have to undergo a thorough screening by the SEC before being launched and open to retail investors.
The new regulation includes a two-tier vetting procedure with accredited “ICO portals” which will be looking into selecting the applicants to proceed further for the final ICO screening.
The SEC has also confirmed that each of the approved ICO operators can issue unlimited digital tokens to venture capital and private equity firms, institutional investors and ultra-high-net-worth individuals.
The regulatory agency will also scrutinize and look into these ICO portals’ management structure and plan of operations.
In May, the government announced to waive off 7% value-added-tax (VAT) while giving some relief to the local cryptocurrency investors.
According to a report by The National, published on December 21, 2018, the UAE’s Securities and Commodities Authority (SCA) is set to introduce ICO regulations in the country by the end of the first half of 2019.
As a part of new regulations, ICO issuers will have to undergo a thorough screening by the SEC before being launched and open to retail investors.
The post Thailand’s Regulatory Body Unveils ICO Regulations To Be Implemented From July 16 appeared first on CoinSpeaker.
The company behind Kakao, the most popular messaging app in South Korea, has suggested it will do a private placement next month to raise money for a crypto platform. The platform will be separate from the messaging app due to concerns over the lack of ICO regulations, Bloomberg reported on June 28.
The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.
Regulation In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. Also Read: Financial Services Provider Square Acquires New York Bitlicense U.
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]
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In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […]
The post U.
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.
This news update is brought to you directly from the SEC Chairman and Commissioners open discussion on ICO’s, securities and blockchain technology today, in a public town-hall style meeting in Atlanta, US.
Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).
Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).
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.
Kalshi has just fended off a legal challenge from three California tribes, allowing the prediction market platform to continue offering sports-event contracts. Kalshi Inc., a U.S.-based prediction market platform, has successfully fended off a preliminary injunction sought by three California…
For fintech founder and investor Arthur Azizov, this current retrenchment marks a turning point. VCs, he says, are increasingly turning to infrastructure plays.
Crypto crowdfunding platforms are breaking venture capital’s hold, giving both institutions and communities a bigger role in funding web3. #projectreview
Kite, a company developing trust infrastructure for the agentic web, said it has raised $18 million in a Series A round, bringing its total funding to $33 million. The financing was led by PayPal Ventures and General Catalyst.
