Japan authorities presented new rules for ICO regulation to the crypto community. As the source states, a new package of legislative measures will be focused on the investors’ protection from the potential fraud. According to newly approved rules, the members of the crypto business, which want to launch an ICO, must be registered in the Financial Services Agency (FSA). All proposals, received by specialists of the agency for the analysis, will be reviewed in accordance with current laws. This procedure will come in force in January 2019. The main purpose is the prevention of the potential scam, which is the

The US Securities and Exchange Commission charged the well-known boxer Floyd Mayweather and the younger and music producer Khaled Khalid, known as DJ Khaled. Celebrities are accused of hiding information about the reward they received during the promotion of the ICO-project. According to the SEC, Mayweather received $ 100,000 from the Centra Tech project, another $ 200,000 from Stoxx and the Hubii Network. Khalid was paid $ 50,000 to promote Centra Tech. “At the time, as Mayweather and Khalid did not disclose information about the remuneration, the promotion of ICO could look unbiased by them, although in reality, it was

The head of the BitMEX crypto platform, Arthur Hayes, believes that the tokens of the largest ICO projects that managed to raise more than $ 50 million will collapse after entering the secondary market. As the head of the crypto exchange BitMEX writes in the next issue of the digest for investors, the research concerns companies such as Telegram, tZero, DFINITY, Oasis Labs, Filecoin, Basis, Orchid Protocol, Algorand, Cosmos, Rootstock, Hashgraph and Polkadot. According to Artur Heys, during the tokensails, these companies attracted huge amounts of well-known investment funds. However, he was sceptical about the likelihood that the value of

The ICORating team released a new report on its position in the global market for the first tokens placement for the third quarter of 2018. The company says that the market is showing signs of general disappointment in traditional ICOs as in the venture financing method. According to the authors of the report, the key characteristics of the period from July to September were the general disappointment in the concept of traditional ICOs, the proliferation of security tokens, stricter regulation, and a decrease in capitalization of high-profile projects launched in 2017 and 2018. Among the reason, that led to this

The well-known journalistic project CIVIL, which has become well-known as one of the most friendly platforms to crypto active assets, is experiencing not the best times. The ICO procedure, which began on September 18, failed. It took only about 3 thousand depositors and only $ 3.5 million for the month of active token distribution (the company planned to get $ 8 million). The founder of the CIVIL project, Matthew Iles, reported on the corporate blog page that ICO had really failed. Among the reasons, the team notes both its flaws and the disproportionate policy of working with tokens (it is

Despite the fact that blockchain technologies have long been integrated into the work of many financial giants, they are still afraid to work with crypto assets. Earlier, FNI Blockchain wrote that MasterCard is the leader in implementing the blockchain, just like VISA. But due to the constant risk of loss, the payment systems added cryptocurrency instruments to the “high risk of loss” list. According to Finance Magnates, citing well-informed sources, the team of MasterCard financial aggregator plans to include such types of assets as “high-risk”, such as CFD, Forex, cryptocurrency and ICO. Moreover, the start of active monitoring of new

The ICO of many tokens continues throughout the world. However, as experts note, the investing interest in new projects (and, in fact, in well-known one) is drying up slowly. The reasons for this are the undermining of confidence in the initial placement of tokens because the statistics are disappointing: more than 82% of ICO have obvious signs of the scam or even fraud. According to Autonomous Research analytical team, the total amount of investment in the initial coin offering allocation fell by 90%. So, at the beginning of this year, start-ups were able to get more than $ 2.4 billion, while in

The popularity of the cryptocurrency segment in the Arab countries continues to increase. Despite this, the government agencies of many states do not plan to introduce cryptocurrency and blockchain technologies to a regulated level. However, some governments still see the prospect of booming technology. The authorities of the United Arab Emirates declared that they are ready to introduce rules for launching ICO projects in their jurisdiction. According to Reuters, the head of the UAE Securities Commission, Obeid Saif Al-Zaabi, said that the initial placement of tokens would be recognized as a form of attracting investment to finance local companies. New