ICO
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UK Treasury publishes crypto framework paper: Here’s what’s inside
- February 1, 2023
- Posted by: Bogdan
- Category: ICO, stablecoin, United Kingdom
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His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens (NFTs) and initial coin offerings (ICOs). As stated by the HM Treasury, the proposals seek to place the U.K.’s financial services
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Nigeria revisits its payments landscape amid sluggish eNaira adoption
- January 12, 2023
- Posted by: Bogdan
- Category: CBDC, Central Bank, ICO, Nigeria, stablecoin
Nigeria’s central bank will explore the adoption of blockchain technology to power a central bank digital currency (CBDC), the potential of stablecoin adoption and regulatory considerations of initial coin offerings (ICOs) over the next two years. These are the key takeaways of a policy document titled Nigeria Payments System Vision 2025, published by the Central
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Nigeria to create the stablecoins and ICOs legal framework
- January 10, 2023
- Posted by: Bogdan
- Category: ICO, Nigeria, stablecoin
As one of the world’s pioneers in adopting its own central bank digital currency (CBDC), Nigeria declares its readiness to accept the existence of private stablecoins as well. The necessity to create a legal framework for stablecoins is marked in the latest central bank strategy paper. Published under the headline “Nigeria Payments System Vision 2025”,
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SEC files unregistered securities charges against Thor Token creators for 2018 ICO
- December 21, 2022
- Posted by: Bogdan
- Category: ICO, sec
The United States Securities and Exchange Commission (SEC) filed a complaint against Thor Technologies and its cofounder and CEO David Chin in U.S. District Court in San Francisco on Dec. 21. The SEC claimed that Thor’s 2018 initial coin offering (ICO) constituted an unregistered securities sale under the Securities Act of 1933. Thor Technologies raised
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Crypto Stories: How an entrepreneur raised $10M for her startup during a bear market
- October 11, 2022
- Posted by: Bogdan
- Category: Entrepreneurs, ICO, Startups
Josipa Majic explains what she and her partners did to build a crypto company at a time when investors were fleeing the space. In the midst of the 2018 crypto price slump, a young entrepreneur invested all her funds and personal money into a prototype that combined fintech and crypto services to offer virtual debit
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South Korean central bank eyes MiCA, says future regulations may allow ICOs again
- August 29, 2022
- Posted by: Bogdan
- Category: Central Bank, ICO, stablecoin
The South Korean central bank has indicated that initial coin offerings (ICOs) will be allowed under the Digital Assets Framework Act, according to a local news report. That comprehensive legislation is expected to be introduced in 2023 and implemented the following year. The Bank of Korea (BOK) discussed ICOs in comments to a Korean translation
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SEC files suit against Dragonchain and its founder
- August 16, 2022
- Posted by: Bogdan
- Category: dragonchain, ICO, law, regulation, sec
The United States Securities and Exchange Commission, or SEC, has filed a complaint related to a 2017 initial coin offering from a blockchain project originally developed by the Walt Disney Company. In a Tuesday notice, the SEC said it had charged Dragonchain, the Dragonchain Foundation, the Dragon Company, and their founder John Joseph Roets for
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SEC dismisses claims against John McAfee, fines accomplice for ICO promo
- July 16, 2022
- Posted by: Bogdan
- Category: Court, ICO, John McAfee, New York, sec
The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr., filed on October 5, 2020. In the original complaint, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that
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Cardano accelerator program Genius X ISPO nets $105 million in ADA
- May 20, 2022
- Posted by: Bogdan
- Category: Cardano, Funding, ICO
Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO). This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its ISPO on May 10, with over 14,500 delegators staking 270 million ADA across four official stake
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South Korea to establish crypto framework by 2024
- May 12, 2022
- Posted by: Bogdan
- Category: bill., ICO, NFT, regulation, South Korea
The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a center for innovation, as South Korea hopes to roll out comprehensive crypto legislation in 2023 and institutionalize the sector by 2024. On Wednesday, South Korean newspaper Kukmin, citing a leaked governmental
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