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Initial coin offering projects are of great interest to regulators and other watchdogs these days. This is mainly because a fair few of these projects violated securities laws and expected to get away with it. In the case of ShipChain, the project was hit with a cease and desist letter this week for violating South Carolina’s securities laws. ShipChain ICO bites the Dust It has become apparent that a fair few initial coin offerings may have violated securities laws when issuing and distributing their tokens. Since most ICO tokens can be considered securities under the current regulatory guidelines, cease and desist letters arePowered by WPeMatico
While some governments around the world, both local and national, are taking steps to try and limit the spread of the use of cryptocurrencies, many others are trying to ensure their citizens are free to adopt the revolutionary technology. The latest example of this is the US state of Wyoming where the legislator has recently approved […]
The post US State Exempts Cryptocurrencies From Property Taxes appeared first on Bitcoin News.
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Experts in US securities laws say that some of Barry Silbert’s many tweets on ETC prices, as well as a recent “pro tip” he shared with a shorter, may raise red flags for market regulators in charge of preventing price manipulation. Also Read: Litecoin Creator Charlie Lee Reveals He Sold All His Litecoin Barry Silbert […]
The post Securities Lawyers Say Barry Silbert Tweets Are Red Flags for Regulators appeared first on Bitcoin News.
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