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Digital currencies release waves of euphoria for some investors – but it's not all about Bitcoin. Investors in more and more countries are able to take part in Initial Coin Offerings (ICO), the means by which companies raise capital for a new cryptocurrency.
NEW YORK: Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said
KUALA LUMPUR: The Securities Commission (SC) said potential initial coin offering (ICO) issuers should approach the capital market regulator for clarification on the legality of their fundraising activities.
We hear a lot about initial coin offerings these days, but everybody is on the learning curve.
GENEVA: All is not well in Crypto Valley.
TWO weeks ago, Bitzumi Inc, which describes itself as a “vertically integrated bitcoin exchange” of online media and crypto-related offerings, began soliciting investors on its website.
NEW YORK: Expanding a broad crackdown on fraudulent initial coin offerings, US regulators have sent a number of subpoenas to firms they suspect might be violating securities laws, said a person with direct knowledge of the matter.
KUALA LUMPUR: S&P Market Intelligence views cryptocurrencies as a speculative instrument that would have an insignificant effect on global financial stability if its value were to collapse.