SEC FinHub Key To Compliant ICOs states Republic CEO Ken Nguyen

  Last week, the SEC announced the creation of FinHub in an effort to foster greater communication and understanding with emerging technology startups, such as blockchain companies going through ICOs.     Ken Nguyen, CEO of AngelList-backed Republic, believes that this move will bring greater clarity in what constitutes in as a compliant ICO without compromising investor protection. Republic has so far been the only compliant way for retail non-accredited investors to back and invest in the blockchain projects that they love.       Kendrick Nguyen, CEO of Republic:…

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Indiegogo Expands into Security Tokens Hosting Aspen Digital’s Offering of the St. Regis Aspen Resort

Crowdfunding giant advances into tokenized securities representing indirect interest in a prestigious luxury real estate property managed by Elevated Returns   SAN FRANCISCO – August 23, 2018 – Indiegogo, the global platform for entrepreneurs to bring their ideas to life, today announces its expansion into tokenized securities, bringing a real-estate asset to its global audience. Following the launch of its ICO (Initial Coin Offering) platform in December 2017, Indiegogo is now providing access to the asset class of security tokens. Security tokens represent ownership in traditional assets such as real…

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1 Year After SEC Issues ICO Warning: Former SEC Lawyer Says Compliance Will Soon Be Baked Into Business Models

  Today is the one-year anniversary of the SEC releasing a warning to consumers on investing in ICOs and revealing its investigation into the DAO – the first investigation into a blockchain organization of its kind. Zach Fallon, a former SEC lawyer, Principal at blockchain law firm Blakemore Fallon & Co-founder of Ketsal Consulting, reflects on how far the industry has come in the past year.     “There have been at least twenty instances of formal public commentary by the SEC, its Chairman, Commissioners, and staff on digital asset-related…

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GECKO Governance Launches Compliance Solution For ICO Market Following Approval by Isle of Man Regulator

    Former SEC Senior Compliance Examiner joins stellar advisory board     Dublin, Ireland – 12 June 2018 – GECKO Governance, the multi-award winning RegTech regulatory solution for financial compliance, has announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry. The platform provider also announced today that Dan Viola, former Senior Compliance Examiner at…

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Will there be SEC approved Bitcoin ETF’s soon?

Exchange Traded Funds, also known as ETF’s, have made headlines in the past couple of years.  The prospect of cryptocurrency ETF’s listed on stock exchanges first started with Gemini and the Winklevoss twins.     The Winklevoss Bitcoin Trust was the first Bitcoin ETF to be filed with the SEC – Securities and Exchange Commission in 2013.  In early 2014, the Bitcoin Investment Trust announced plans to release an over-the-counter Bitcoin ETF. Unfortunately, the SEC denied a request to list an ETF from investors Cameron and Tyler Winklevoss, owners of…

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Unified Global Cryptocurrency Regulation called for by G20

Last year, 2017, was most certainly the year of the ICO, and 2018 could prove to be the year of regulation.  At the G20 meeting of finance ministers in Buenos Aires, it was agreed by the member nations that more information on cryptocurrencies needs to be gathered and examined.  However, countries do see cryptocurrency as an asset, not a currency.     As cryptocurrency fever takes hold of the world, regulators in various countries are making their positions known.  In the USA, the Securities and Exchange Commission (SEC) has issued…

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What are the ICO Cryptocurrency Regulatory Guidelines?

ICO’s continue to boom as more tokens and coins are evident.  On coinmarketcap, over 1500 cryptocurrencies are listed and most trading on various exchanges. According to Fortune, nearly 50 percent of 2017’s Cryptocurrency ‘ICO’ Projects have already died. They report that “as many as 75% of all startups backed by traditional venture funding fail, and 30 to 40% of those take all of investors’ capital with them.”     With the high ICO failure rate and the craziness of Bitcoin investors, regulators are setting guidelines or passing laws.  Here is…

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Cloud Mining Service Genesis Mining ordered to stop operations

The Securities Commission of South Carolina has ordered Genesis and a second firm, Swiss Gold Global Inc., to stop doing business in South Carolina, according to the Cease-and-Desist order document released on 9 March 2018.     The order states that mining contracts sold to buyers and state of South Carolina residents are considered as securities.  The two companies, Genesis and Swiss Gold Global have also been barred from offering any securities in the state in the future. This barring, according to the document, is permanent.   Cloud Mining businesses…

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Find Bitcoin, Cryptocurrency, Initial Coin Offering and Blockchain in the Dictionary

An event in October 2008 was the start of a new technology that would disrupt our lives forever. Firstly, what does “disruptive technology” actually mean.  A disruptive technology displaces an established technology, a trailblazing product that shakes up an industry.  Disruptive technology creates an entirely new economy.     This is exactly what Bitcoin and the underlying technology, blockchain, has done.  Bitcoin’s whitepaper was released to the world by Satoshi Nakamoto on 31 October 2008 unleashing disruption to the financial industry, leading the way for more cryptocurrencies to be developed.…

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How to find the best Bitcoin Trading Platform or Exchange

Exchanges are often in the news, either due to listing of new crypto / ICO token; customer service issues or loss of crypto due to hacking.     There have been numerous exchange hacks in the lifetime of Bitcoin with the most famous one being Tokyo based Mt.Gox where approximately 850,000 bitcoins belonging to customers and the company were missing and likely stolen from their hot wallet.  Hot wallets are connected to the internet and as a result, vulnerable to hacking. This was an amount valued at more than $450…

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