The CEO of blockchain start-up company Cornerstone was kidnapped in Kiev. No ransom has been demanded yet.
Thailand's SEC approved the country's first ICOs portal. Also, the regulator will issue criteria for STO applications in Thailand soon.
In its recent report, Atozmarkets quoted Barry Silbert, CEO, and founder of Digital Currency Group and Grayscale Investments who stated that most of the digital tokens will have no value in the long run. Now, after the recent Securities and Exchange Commission (SEC) tweet about their newly released ICO guide, cryptocurrency exchanges future does not seem so bright either. In addition, the new document might cause at least one possible violation of the First Amendment by the SEC.
The ICO market has more than tripled than it was in April 2017. This was revealed according to data from CoinSchedule.
According to the latest news from the cryptocurrencies capitalization tracking website, the price of a BitTorrent token (BTT) has risen by more than 600 percent since its ICO, which was sold out in minutes.
The Financial Services Commission (FSC) of South Korea had reiterated that ICO is ban in the country. There are findings of misinterpretation by some ICOs but the financial watchdog has reaffirmed its stand.
This Wednesday, the European Securities and Markets Authority (ESMA) published its recommendations on initial coin offerings (ICO) and digital assets, stressing that some of them can be qualified as MiFID financial instruments.
According to the news resources of January 8, the Japanese Financial Services Agency (FSA) is considering the issue of regulating the activities of unregistered firms that attract investments in cryptocurrency.
The Philippines is a country with the fastest growing crypto industry. Currently, governmental financial control authorities are considering the introduction of the new rules of cryptocurrency and ICO control. However, the project of the new ICO and crypto market regulations are still in the draft stage.
A recent study conducted by a New York-based international newspaper showed that hundreds of cryptocurrency projects' whitepapers had signs of fraudulent activity, promises of incredible income, and plagiarism.
Although the speculative cryptocurrency market calmed down due to the pressure from the governmental financial regulators, investments in blockchain-based startups continue to grow. During 2018 over 4 billion dollars were invested in such projects. According to the crypto market analysts, instead of going through the initial coin offerings (ICO), more venture capital is now turning to the blockchain startups as the new form of investment.
The step comes in pursues of keeping the country as a top-notch in the financial sector with all new.