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Posts published in “ICO”

US and Canadian Securities Regulators Unite for ‘Operation Cryptosweep’

Operation Cryptosweep was announced earlier today. The goal of the coordinated effort from numerous North American securities regulators is to clean up scams and fraudulent offerings from the cryptocurrency space. Regulators Share Resources to Crackdown on Scam ICOs The joint crackdown that will go by the name of Cryptosweep will see over 40 U.S. and...

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New Study: 20% of ICOs Are Scams, But Investors Aren’t Fazed

Initial Coin Offerings (ICOs) have become the hottest way of raising capital, but at least one in five has turned out to be a scam, according to a new study. 1 in 5 ICO Projects are Scams The number of Initial Coin Offerings (ICOs) has gone through the roof throughout the last year as their underpinned technology, the blockchain, received mass media exposure and starts to see widespread adoption. Yet, being comparatively easy means of

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Pacific Island to Establish its Own Government and Cryptocurrency With 300 Households

The government of French Polynesia, an overseas collectivity of France in the South Pacific, is supporting a pilot program aiming to develop an off-shore housing that uses its own currency and operates outside of government regulations. The project is funded by a company called Blue Frontiers, which is planning to launch an initial coin offering...

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In Wake of Fakes Like ‘Gosling ICO,’ Indorse to Vet ICOs on ICOCrunch

The cryptocurrency space has seen its fair share of fake Initial Coin Offering scammer teams in recent weeks. It’s a problem that needs to be tackled resolutely. Cue in Indorse, a blockchain-based social network, which has teamed up with ICOCrunch to vet ICOs’ authenticity.  Also see: Almost One in Five ICOs Are Fraudulent, Says New Wall …

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World Blockchain Forum — New York’s Better Blockchain Conference

With a new focus on security tokens and financial regulation, Keynote delivers their seventh World Blockchain Forum, the first ever in New York. Final ticket release begins 29th May. This is a press release provided by the World Blockchain Forum Having produced two of 2018’s biggest bitcoin and blockchain events in Miami and Dubai, Keynote …

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Wall Street Journal Investigates Hundreds of Fraudulent ICO Projects

The Wall Street Journal reviewed 1,450 ICO presentation and found 271 one of them show indications of being scams. Initial coin offerings are a popular and potently succesfull way for startups to fund their companies growth. They are also essentially unregulated and becoming more and more popular for scammers who create fraudulent sites based on stolen information...

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US Securities and Exchange Commission Launches ‘HoweyCoins’ ICO

In a surprising turn of events, the US Securities and Exchange Commission has launched its own initial coin offering dubbed HoweyCoins. ‘A Hot Investment Opportunity’ Anyone looking for a hot new initial coin offering (ICO) should look no further than the US Securities and Exchange Commission’s brand new token sale for HoweyCoins. States the regulatory authority in an official press release: If you’ve ever been tempted to buy into a hot investment opportunity linked with

The post US Securities and Exchange Commission Launches ‘HoweyCoins’ ICO appeared first on Bitcoinist.com.

French Finance Minister Pledges to Support Crypto and Blockchain-Friendly Financial Policies

At a meeting with French entrepreneurs, including strategic blockchain developer Blockchain Partner, France’s Minister of Economy and Finance, Bruno Le Maire, has pledged his support for cryptocurrencies and underlying blockchain technologies. Bruno Le Maire Pledges Support The minister promised his ‘total and determined support’ for both the crypto and blockchain spaces, while discussing with industry insiders...

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Feds Eyeing Regulations to Hit Anonymity of Cryptocurrency

The feds are contemplating the potential for regulations which would essentially erode one of the most popular aspects of cryptocurrency – its anonymity. During a panel discussion, three United States government officials expressed their sentiment on the potential for future regulations that could seriously affect the way Bitcoin, as well as other cryptocurrencies, are perceived and exploited. Hinting that the government is contemplating a regulatory hit towards the anonymity offered by some virtual currencies, Sujit

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SEC Educates Investors by Launching Fake Crypto Site

The SEC’s spoof ICO launch, HoweyCoins website breaks down the red flags of fraudulent fundraising to educate potential victims. SEC Launches Fake ICO to Educate Investors The Securities Exchange Commission, a US regulatory branch charged with investigating fraudulent ICOs, has created their own ICO web page to show potential investment victims the obvious signs of scam...

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