Tag: token sales

ICO fraud
September 12, 2017 BY LeapRate Staff

FCA issues risk warning about ICOs and Token Sales

UK financial regulator The FCA has added its voice to other watchdogs around the world, issuing a formal consumer warning about the risks of Initial Coin Offerings, or ICOs. A similar warning was made recently by Canada regulator CSA. What are ICOs? The term ICO refers to a digital way of raising funds from the…

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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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