Nick Chong · 3 days ago · 2 min read · Insights via Grayscale Investments
In its January report, the Organisation for Economic Co-Operation and Development (OECD) explained some of the intricacies of ICOs in modern finance.
Tron › ICOs
Binance Launchpad, the token launch platform of Binance, conducted an ICO of TRON’s BitTorrent tokens (BTT) on January 28th., with tokens selling out in less than 15 minutes.
Over the past two years, crypto has often been referred to as the Wild West, and for good reason.
U.K. › Regulation
The United Kingdom’s Financial Conduct Authority (FCA) released a ‘consultation paper’ on January 23rd as part of its next step on working with crypto assets.
Americans and their Christmas lights consume a staggering amount of energy.
U.S. › Regulation
In just the last few months, the SEC has brought successful enforcement actions against EtherDelta, Paragon, Airfox, DJ Khaled and “Money” Mayweather himself, all predicated directly or indirectly on unregistered Initial Coin Offerings (“ICOs”).
In a press release today, professional boxer Floyd Mayweather and music artist DJ Khaled were charged by the SEC for failing to disclose payments received for promoting an allegedly fraudulent ICO.
Bitcoin › ICOs
SEC Chair Jay Clayton: No Bitcoin ETFs Until There Is Greater Oversight; “Assume Your ICO is a Security”
Securities Exchange Commission Chair Jay Clayton is reluctant to add digital currency ETFs, including Bitcoin ETFs, over fears of market manipulation, centralization, and custody security.
Two more unscrupulous cryptocurrency scams were eliminated by Texas securities regulators.
Companies have only recently begun taking advantage of recent SEC regulations that allow projects to raise funds.
In a press release today, the SEC has imposed civil penalties on two more ICOs.
Ethereum · Neo · Stellar › ICOs
Despite the declining number of ICOs, Ethereum is still dominant in the sector as it is used by more than 85 percent of all ICOs, leaving Stellar and NEO far behind.
Thailand › ICOs
Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC.
If the blockchain industry had been knocking at the iron-clad gates of the Securities and Exchange Commission, it appears access was just granted.
According to TMZ, world-renowned boxing champion Floyd Mayweather and famed record producer DJ Khaled are dealing with the fallout of a class action lawsuit due to their involvement with Centra Tech’s CTR token, a crypto asset the suit claims is a scam that cost investors millions of dollars.