Brazilian Soccer Club Seeks $20 Million In Upcoming ICO

By | September 13, 2018

Brazilian Soccer Club Seeks $20 Million In Upcoming ICO A Brazilian soccer team is looking to raise $20 million by launching its own initial coin offering (ICO). The Avaí Futebol Clube, a Series B soccer team, announced Wednesday that it was generating its own cryptocurrency as part of an effort to develop a digital ecosystem for its fans, help… Read More »

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US court equates ICO tokens with securities

By | September 12, 2018

US court equates ICO tokens with securities A district court in the United States rules that tokens issued within tokensales and ICO should be subject to US securities laws. U.S. District Judge Raymond Dearie in Brooklyn, New York, said that ICO tokens are securities, and their turnover can be considered in the context of the relevant criminal law.… Read More »

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Analysis: ICO projects hold up to 40% of ETH raised

By | September 11, 2018

Analysis: ICO projects hold up to 40% of ETH raised Although many analysts accuse ICO projects of pushing the Ethereum price down by selling of their reserves of ETH raised during crowdsales, a new study proves that this reason may be exaggerated. ICO projects that attracted financing through initial coin offerings (ICO) are still holding approximately 38% of… Read More »

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Unconfirmed: UAE Preparing to Adopt Formal ICO, Fintech Regulations, Local Media Report

By | September 11, 2018

Unconfirmed: UAE Preparing to Adopt Formal ICO, Fintech Regulations, Local Media Report The United Arab Emirates (UAE) has approved a draft of regulations governing Initial Coin Offerings (ICO), local media outlet WAM reported Sunday, September 9 citing government sources. The reported move comes in addition to lawmakers in the country adopting plans for a regulatory sandbox aimed at… Read More »

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Court Rules Alleged Perpetrator Of Fraudulent ICOs Can Be Prosecuted Under Securities Law

By | September 11, 2018

Court Rules Alleged Perpetrator Of Fraudulent ICOs Can Be Prosecuted Under Securities Law September 11, 2018 7:37 PM A federal judge has ruled against the defendant’s motion, which argued that two allegedly fraudulent ICOs should not be prosecuted as a securities violation. The judge in the case of the United States v. Maksim Zaslavskiy today issued his decision… Read More »

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Russian Central Bank Reportedly Conducted ‘Successful’ ICO Trial

By | September 11, 2018

Russian Central Bank Reportedly Conducted ‘Successful’ ICO Trial An official from Russia’s central bank has revealed that the bank has recently conducted a “successful” experimental Initial Coin Offering (ICO), as cited by local news agency TASS Tuesday, September 11. Ivan Semagin, deputy director of the Financial Market Development Department for the Bank of Russia, told TASS: “Within a… Read More »

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Research: ICOs See Lowest Funding Level in 16 Months

By | September 10, 2018

Research: ICOs See Lowest Funding Level in 16 Months Funding for Initial Coin Offerings (ICOs) has seen its hardest slump in 16 months, Bloomberg reported September 10. Analysis from Autonomous Research shows that in August, startups raised $326 million, which is the smallest amount since May 2017. According to Autonomous Research, Ethereum (ETH) blockchain-based ICOs have been recognized… Read More »

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Report: Nearly Half of ICOs Failed to Raise Funds Since Start of 2017

By | September 10, 2018

Report: Nearly Half of ICOs Failed to Raise Funds Since Start of 2017 Nearly half of all initial coin offerings (ICOs) in 2017 and 2018 failed to raise any funds, while another 40 percent raised more than $1 million each, a new research report claims. Research and consulting firm GreySpark Partners studied the ICO market across the past… Read More »

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Report Nearly Half of ICOs Failed to Raise Funds Since Start of 2017

By | September 10, 2018

Report Nearly Half of ICOs Failed to Raise Funds Since Start of 2017 Nearly half of all initial coin offerings (ICOs) in 2017 and 2018 failed to raise any funds, while another 40 percent raised more than $1 million each, a new research report claims. Research and consulting firm GreySpark Partners studied the ICO market across the past… Read More »

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EU Lawmaker Wants Standard Regulations to Allow 'Passport' for ICOs

By | September 10, 2018

EU Lawmaker Wants Standard Regulations to Allow 'Passport' for ICOs A European lawmaker believes that new regulations for initial coin offerings (ICOs) are the key to making them more “accessible” within the European Union. Ashley Fox, a Member of the European Parliament (MEP), held a meeting on Tuesday to discuss proposed regulations that would set in place new rules… Read More »

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