Philippines Commits to ICO Rules, Virtual Currency Exchange Rules Before June 2019
The Securities and Exchange Commission affirms its commitment to release regulations for Initial Coin Offerings (ICOs) and Virtual Currency Exchanges by June 2019.
Philippines Initial Coin Offering Draft Rules Updated by SEC
The 37-page draft rules have updates ranging from the definition “blockchain”, clarification on escrow agents, and what constitutes a startup.
PH SEC Updates: ICO & Crypto Trading Rules Still on Track This 2018
The Philippines’ Securities & Exchange Commission is still accepting comments & position papers from the public about its proposed ICO rules.
Philippines’ Blockchain Community Discusses SEC’s Draft ICO Regulations
All eyes focused on the Philippines as the govt works to formalize ICOs. This meetup group discusses the draft ICO rules and raises some points to consider.
Philippines SEC Releases Draft Rules on Initial Coin Offerings
The draft has provisions on the types of tokens, registration processes and assessment for ICOs, reporting requirements, and conditions for exemption.
Hacked ICO Platform to Refund $7 Million Worth of Tokens
Its CEO, Mr. Anti Danilevski, promised a complete refund of all stolen tokens worth around $7.7 million.
According to Research Only 44% of ICO Startups Survive
Out of the total number of studied ICOs, only 48% of them got declared figures higher than 0 capital raised.
Research Shows ICO Funding Doubles in 2018 vs. Previous Year
The research also gives some reasons why ICOs have increased in 2018 despite the downturn in cryptocurrency prices.
Xiaomi Denies Involvement With ICO of a Token Based on Its Stock
Smartphone maker Xiaomi denies any knowledge or involvement with a new initial coin offering that sells tokens pegged to its stock price in the HKSE.
Twitter Officially Bans Initial Coin Offering Ads
The social networking site said it imposed the ban because ICOs and related advertisements are “often associated with deception and fraud”.