World’s First Legal Literature on ICOs Calls Out Fundraising Method

World’s First Legal Literature on ICOs Calls Out Fundraising Method

Read More

A University of Pennsylvania legal research report concluded Initial Coin Offerings (ICOs) have mostly “failed” to reflect on their contractual promises as described in their whitepapers. ICO Projects a Far-Fetched Endeavour Titled “Coin-Operated Capitalism,” the paper was released on July 17, 2018, and aims to explore ICOs as a legitimate option of fundraising. The paper…

Chinese Yuan Now Below 1% of Total Bitcoin Trading Volume, Down From Peak of 90%

Chinese Yuan Now Below 1% of Total Bitcoin Trading Volume, Down From Peak of 90%

Read More

In an attempt to stem growing enthusiasm for cryptocurrency trading among the Chinese public, the Chinese government has been cracking down hard on cryptocurrency traders and speculators, banning cryptocurrency exchanges and outlawing ICOs. Zhang Yifeng, a blockchain analyst at Zhongchao Credit Card Industry Development Company said: “The timely moves by regulators effectively fended off the…

Abu Dhabi Global Market Launches Regulatory Framework for Crypto Activities

Abu Dhabi Global Market Launches Regulatory Framework for Crypto Activities

Read More

The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi…

US Judge Argues Centra Tech Tokens are Securities

US Judge Argues Centra Tech Tokens are Securities

Read More

A Southern District Court judge in Florida produced a report arguing why Centra Tech’s ICO tokens should be classed as securities. Hit with a class-action lawsuit for violating US securities law, several of the Centra Tech team members already face prosecution by the US Government — having had 91,000 Ether seized from the project’s ICO…

The Real Reason Token Issuers Are Fleeing the US

The Real Reason Token Issuers Are Fleeing the US

Read More

No, it’s not a “race to the bottom.” Reputable token issuers seek jurisdictional quality and clarity, and they’re not finding it in the U.S.

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Read More

Chinese President Xi Jinping — the leader of the world’s second-largest economy — has described blockchain as accelerating “application breakthroughs.” Addressing the annual Chinese Academy of Sciences conference on May 28, China’s leader hailed blockchain technology as one that “profoundly affected the country’s future and destiny.” The President noted: “Ever since the start of the…

Pink Taxis, Red Flags: A Deep Dive Into a Sketchy ICO

Pink Taxis, Red Flags: A Deep Dive Into a Sketchy ICO

Read More

No team, plagiarized white paper, McAfee pump, promises of bitcoin-like returns, brand hijacking, a fake blog. Welcome to ICO-land.

Russian Duma Adopts Three Crypto Bills on First Reading

Russian Duma Adopts Three Crypto Bills on First Reading

Read More

Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they…

Bing Blocks Cryptocurrency and ICO Advertisements

Bing Blocks Cryptocurrency and ICO Advertisements

Read More

Bing, the search engine owned by Microsoft, is following the lead of other major tech companies by banning ads for digital currencies. As cryptocurrencies began soaring in popularity last year, ads for new projects started appearing across the internet. While many became familiar with the ridiculous “crypto expert” ads that promised the secrets to investment…

The Mystics May Be Here, But Are Crypto's Cards in Reverse?

The Mystics May Be Here, But Are Crypto's Cards in Reverse?

Read More

Crypto may be seeing an influx of mystics, but that might not be a sign the industry is on the right course, CoinDesk editor Bailey Reutzel writes.