Initial coin offerings, or ICOs, are a recent craze in the cryptocurrency world. Despite being just a couple of years old, ICOs have managed to attract a lot of attention.... more
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China is further tightening its clampdown on cryptocurrency, nearly a year after the government imposed a wide-ranging ban on local exchanges and ICO’s fundraising for digital currencies. Financial officials in an eastern... more
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According to Reuters: “Japan’s financial regulator said on Friday it had ordered all cyrptocurrency exchanges to submit a report on their system risk management, following the hacking of over half a billion dollars of digital money from Coincheck.” Whilst the whole premise of blockchain technology and cryptocurrencies revolves around it being essentially unhackable, the exchanges [...]
The Bitcoin price fell heavily after China’s central bank said Initial Coin Offerings are illegal and asked all related fundraising activity to be halted immediately, issuing the strongest regulatory challenge so far to the burgeoning market for digital token sales. The People’s Bank of China said that it had completed investigations into Initial Coin Offerings (ICOs), and will [...]
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