Tag Archives: ico

ASIC provides guidance for initial coin offerings

initial coin offerings

ASIC today, released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens. ASIC Commissioner John Price said ‘We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any obligations they may have when raising funds in Australia.’ ASIC and the Australian Competition ...

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FCA Warns About the Risks of Initial Coin Offerings (‘ICOs’)

icos

UK financial regulator The FCA issued a formal consumer warning about the risks of Initial Coin Offerings, or ICOs. What are ICOs? The term ICO refers to a digital way of raising funds from the public using a virtual currency, also known as cryptocurrency. An ICO can also be known as ‘token sale’ or ‘coin sale’. ICO issuers accept a ...

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