Initial Coin Offering - shortly known as ICO is often used by startups to bypass "over the top" regulated infrastructure and bank proceedings in order to raise funding. ICO helps raise funds in an unregulated way where investors invest cryptocurrency with a faith of future returns in the project.
Related Links: Latest ICOs
Switzerland is working towards relaxing cryptocurrency and ICO-related laws to attract more crypto/blockchain firms as well as ICOs to the country.
In the last several year's blockchain technology, and the immutable digital ledger system it offers, has caused massive disruption in the financial industry and beyond.
Despite a slowdown in the cryptocurrency markets, investors continue to invest in Initial Coin Offerings (ICOs) as billions of dollars flow in ICO investments.
The issue is Quantstamp’s acceptance of U.S dollars and Ether instead of its token QSP which was used to raise around $30 million in ICO last November.
Lithuania’s Ministry of Finance announced detailed guidelines around cryptocurrencies and ICOs - which deal with regulation, taxation, accounting and AML laws.
The company froze the stolen tokens and put trading on a halt to help out with the investigation.
Blockchain platform Game Stars that allows making money on eSports is getting closer to the finish line. The pre-sale stage had a complete sold-out and the 2nd stage of the Token Sale will end on June 13th, 2018.
Clayton’s states that Bitcoin cannot be classified as a security because it fundamentally behaves as a replacement for traditional, fiat currencies.
South Korea continues to move forward towards re-legalizing ICOs in the nation and bringing them under government regulations as a legislation is being drafted.
HybridBlock is building an ecosystem that seeks to bring 100 million new people into the blockchain network over the next three years.
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