Category: ICO

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Thailand Pushes Permissive Regulations as First Legal ICO Is Launched

The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has…
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Fraudulent Transactions in Crypto, Explained

Crypto worth billions upon billions of dollars has been lost to fraud. But what are the most common scams, and can they be stopped? How can payment fraud be avoided? Introducing better verification measures can go a long way to protecting consumers. Amazon and eBay are often held up as good examples of how transactions…
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Kik Messenger Saved From the Verge of Shutdown

Kik almost went to the verge of shutting down because of its lawsuit with the SEC. A buyout from MediaLab saved it. On Oct. 13, Canadian social media and messaging app Kik revealed it’s “here to stay.” This was an apparent reversal from what the company’s CEO, Ted Livingston, said in a blog post —…
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Kik Messaging App Now Has New Owner, Will Continue Work on Kin Token

MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab, a Santa Monica-based holding company, has finalized an agreement with Kik Interactive to acquire the Kik messaging platform. MediaLab sees the long-term potential of Kik and Kin token On Oct. 18, in a blog post…
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A New Trend in Crypto Funding Campaigns: Companies Resorting to IEOs

The share of investments in IEO is becoming much larger and catching up with the IPO market indicators with the mass adoption of “multiple IEO” and STEO trends. The second quarter of 2019 demonstrated a growing popularity of the initial exchange offering (IEO), which has replaced the outdated initial coin offering (ICO) model. The new…
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UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

The UAE’s Securities and Commodities Authority will be collecting public feedback on drafted regulations on crypto assets until Oct. 29. The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industry According to an official statement from Oct. 15, the SCA will be collecting…
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Telegram’s TON Board ‘Takes a Break,’ Removes All History From Channel

Private Telegram Open Network channel TON Board announces a temporary halt and removed all previous posts. Following a recent red flag from United States. regulators, a private Telegram channel for Telegram Open Network (TON) is taking a break. Temporary halt for more clarity On Oct. 12, TON Board channel on Telegram announced a temporary halt…
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US SEC Halts TON Launch Over $1.7B ICO — Highest-Level Action Yet?

The SEC is suing Telegram over the $1.7 billion ICO, is it the mark a new wave of regulatory scrutiny on the U.S. market? Late Friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token…
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Breaking: US SEC Deems $1.7 Billion Telegram Offering Illegal, Orders Halt

The U.S. SEC announces an emergency action against Telegram’s initial token offering, which has already raised over $1.7 billion. The United States Securities and Exchange Commission (SEC) has announced that Telegram and the forthcoming GRM token constitute an unregistered digital token offering. Per an Oct. 11 press release, the SEC has filed an emergency action…
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Thailand’s First Regulated ICO Portal Targets $98M Token Offering

SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first ICO portal operator to be approved by the Thai SEC. SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first initial coin offering (ICO) portal operator to be approved by Thailand’s…
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