In a warning to investors, China’s central bank – Shanghai Head Office – has warned investors not to invest blindly in virtual currencies and ICOs. On Tuesday, in a disclosure aimed at increasing risk awareness among investors, China’s central bank Shanghai Head Office warned investors that initial coin offerings (ICOs) and virtual currency investment carry…
With this move Belarus aims to further consolidate its booming IT sector and attract more foreign investors by allowing ICOs which are increasingly being frowned by regulators in other countries. In yet another instance of a cryptocurrency gaining legal foothold in the financial work, in efforts aimed at attracting foreign investment and boosting the growth…
While ICOs are a lightning fast way of sourcing capital for startups, the SEC’s report highlights potential pitfalls citing a very interesting case. Regulators on Wall Street stated that initial coin offerings (ICOs), should be subject to the same stringent safeguards that are in place for the sales of traditional securities. ICOs have become…
Old models are giving way to new ones. VCs are increasingly finding themselves not s relevant as before. They however are adapting. With U.S. venture capital companies lining up to grab a slice of the burgeoning digital currencies market, in a weird twist of fate, that market itself is grappling with a novel challenge –…
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