Category: Licensing

csa report
August 24, 2017 BY LeapRate Staff

Canada regulator CSA issues statement on ICOs, ITOs, and Canadian securities law

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has published a notice entitled Cryptocurrency Offerings, which outlines how securities law requirements may apply to initial coin offerings (ICOs), initial token offerings (ITOs), cryptocurrency investment funds and the cryptocurrency exchanges trading these products. The notice describes the factors CSA staff consider in assessing whether prospectus, registration and marketplace…

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token auction ICO SEC registration
July 26, 2017 BY LeapRate Staff

ICOs and Token Sales are securities, but SEC won't bring charges against DAO Tokens

The U.S. Securities and Exchange Commission today announced that it has issued an investigative report cautioning market participants that offers and sales of digital assets by "virtual" organizations are subject to the requirements of the federal securities laws. Such offers and sales, conducted by organizations using distributed ledger or blockchain technology, have been referred to, among other…

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