Davis claimed he received nothing for free from the projects it’s alleged he profited from, and the amounts he sold weren’t enough to “dump the price.”
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Category: Token Sales
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Analyst: Token Sale Boom Suggests Major Bull Run Has Already Started
Blockfyre co-founder Simon Dedic says that the recent influx of money into the crypto space is evidence that a strong bull market has already begun.
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NBA Point Guard Spencer Dinwiddie’s Tokenized Contract Raises $1.3 Million
NBA player Spencer Dinwiddie has finished the token sale of his contract that is hosted on the Ethereum blockchain. The sale of Dinwiddie’s tokenized contract raised $1.3 million which was only a tenth of what the project hoped to sell ($13.5 million). Even though the Brooklyn Nets guard Spencer Dinwiddie put a lot of energy […]
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Malaysia Announces Digital Asset Guidelines
The Securities Commission Malaysia has published the country’s guidelines on digital assets which set out the regulatory framework for token sales. All token offerings must now be carried out only through platforms approved by the commission. The guidelines also detail the obligations of approved platforms as well as the requirements token issuers must meet. Also […]
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Chinese Regulators Question 8 Crypto Companies in Shenzhen
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto […]
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France Approves First ICO
The French financial markets regulator, the Autorité des Marchés Financiers (AMF), has made its first initial coin offering (ICO) approval. While token sales remain legal as a fundraising option in France, only those that have been approved by the AMF may be marketed directly to the public. Also read: France Adopts New Crypto Regulation France’s […]
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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses. Also read: Bittrex […]
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Indian Government’s New Report Views Crypto Positively
A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate Steering Committee’s Report The Indian Ministry […]
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Large Regulated Token Sales Indicate ICOs May Be Coming Back
Initial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding through token sales has a chance of becoming a mainstream instrument […]
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5 Major Indian Laws That Apply to Cryptocurrency
India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. News.Bitcoin.com talked to one of the authors of the report to uncover more details. Meanwhile, the Indian government is currently finalizing regulations specific to crypto assets. Also read: Indian Supreme Court Postpones Crypto Case […]
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