Tag: ICOs
News highlights for 1 November 2017 Celebrities may be breaking law promoting ICOs: Wall Street regulator NEW YORK (Reuters) – Wall Street’s main regulator warned on Wednesday that celebrities or other individuals may be breaking U.S. securities law when promoting investments in initial coin offerings (ICOs), a means for companies to raise funds online. Read […]
News highlights for 28 September 2017 Kremlin backed media outlet defends advertising on Twitter MOSCOW (Reuters) – The editor-in-chief of Kremlin-backed media outlet RT said on Friday its purchase of advertisements on Twitter was standard commercial practice that was being falsely presented as Russian meddling in U.S. affairs, RIA news agency reported. Read more… South […]
LONDON (Reuters) – Start-ups aiming to raise funds through the issuance of new digital currencies, via so-called initial coin offerings (ICOs), welcomed on Tuesday a warning on the “very high risk” of such investments from Britain’s financial watchdog. The Financial Conduct Authority (FCA) warned consumers that they must be conscious of risks involved in ICOs […]
News highlights for 5 September 2017 Western Digital offers to back out of Toshiba bid for better JV position TOKYO (Reuters) – Toshiba shares rose more than 4 percent on Wednesday after sources told Reuters that Western Digital Corp has offered to drop out of a group bidding for its flash memory chip business to […]
BEIJING (Reuters) – China is poised to further tighten rules on virtual currencies after regulators on Monday banned virtual coin fundraising schemes, Chinese financial news outlet Yicai reported citing sources. China banned and deemed illegal the practice of raising funds through launches of token-based digital currencies, targeting so-called initial coin offerings (ICO) in a market […]
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