Isle of Man Tightens Requirements for Cryptocurrency Businesses & ICOs

The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency.  Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility. Details of the policy changes form part of […]

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North Korea Hacked Crypto Exchanges and Ran ICOs to Fund Regime: Report

Advertisement Twitter Facebook LinkedIn According to cybersecurity firm Inksit Group, state-funded hackers in North Korea have been targeting crypto exchanges in South Korea to circumvent various sanctions imposed on the regime. The security firm alleged the government of North Korea of running illicit initial coin offering (ICO) projects and breaching into large crypto exchanges. “We […]

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German Regulator Advises Investors to “Keep Their Hands Off” ICOs

The president of BaFin, Germany’s financial watchdog, is supportive of a global regulatory framework for initial coin offerings (ICOs). Critical of cryptocurrency financial rounds, Felix Hufeld advises private investors to “keep their hands off such things”. BaFin’s President Hufeld Supports International Standards for Cryptocurrencies and ICOs German’s Federal Financial Supervisory Authority (BaFin), an independent institution […]


The Godfather of Ethereum ICOs Wants to Let Investors Take Their Money Back

The developer that formalized the code underlying most initial coin offerings (ICOs) – ethereum’s ERC-20 token standard – has proposed a new approach in a bid to make the funding schemes more safe for would-be investors. Speaking in Prague on Tuesday at Devcon4, ethereum’s annual developer conference, developer Fabian Vogelsteller proposed a “reversible ICO,” or RICO, […]


Thailand’s Main Regulatory Authority Warns Investors About Risky ICOs

Thailand’s main regulatory authority, the Securities and Exchange Commission (SEC), released a warning to investors regarding what it describes as “renegade ICOs.” The warning details multiple popular ICO projects that are operating in the country without any licensing, supervision, or registration. The warning, which was first reported by the Bangkok Post, details how these renegade […]

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Thailand Regulator Issues Strong Warning Against Unregistered ICOs

Advertisement The Thai Securities and Exchange Commission has issued an investment warning against ICOs operating in the country without its recognition, registration and supervision. The Bangkok Post reports that Thailand’s premier markets regulator is taking action after discovering a number of unregistered coin sales being promoted in Thailand through social media platforms like Facebook and Youtube. “High […]