ICO

SEC Stops Fraudulent ICO That Falsely Claimed SEC Approval

The U.S. SEC announced yesterday that it had stopped what sounds like the most brazen fake ICO yet.  According to the complaint, Blockvest LLC not only falsely claimed that it

Read Full Article
ICO, ICO Litigation, SEC, US

Swiss Blockchain-based Businesses Must Consider AML and Licensing Requirements

During 2017, the issue that probably got the most attention for companies raising capital through initial coin offerings (ICOs) was whether tokens constitute securities.  However, governmental agencies and regulators, particularly

Read Full Article
AML, Banking, FINMA, ICO, Switzerland

A Complete Guide to Regulations on Cryptocurrencies and ICOs in Thailand

This blog has previously discussed how different countries have taken varying positions with respect to their friendliness toward cryptocurrencies and ICOs. Baker McKenzie’s office in Thailand has prepared a guide

Read Full Article
Cryptocurrency, ICO, Thailand

Swiss Bankers Association Publishes Guidelines Intended to Maintain Switzerland’s Blockchain Friendly Status

Switzerland often ranks among the most friendly and accommodating countries for blockchain-based companies to conduct their initial coin or token offering (“ICO”). Indeed, recent estimates are that more than 530

Read Full Article
AML, Banking, ICO, Switzerland

UK Crypto Task Force Calls For Regulation

In February 2018, the UK Treasury Committee launched an inquiry into digital currencies.  In the course of its inquiry the

Read Full Article
AML, Cryptocurrency, FCA, ICO, UK

Additional First-Of-Their-Kind Enforcement in the U.S.

Last week we reported that FINRA brought its first-ever disciplinary action in the cryptocurrency space.  But there were also two

Read Full Article
Cryptocurrency, ICO, SEC, US

New York Court Rules Criminal Case Involving Violations of Securities Fraud Can Go Ahead

On Tuesday, September 11, a New York Federal Judge rejected a defendant’s argument that he cannot be prosecuted because the

Read Full Article
Cryptocurrency, Enforcement, ICO, US

Australia’s ASIC 2018-2022 Corporate Plan Reflects Growth of Blockchain and ICOs

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC) has released its 2018-2019 to 2021-2022 corporate plan (the Plan),

Read Full Article
Australia, Cryptocurrency, ICO

European Parliament moves to extend the European Commission Proposal for Crowdfunding Regulation to capture ICOs

In March 2018 the European Commission issued a proposal for a regulation on crowdfunding service providers (“CSPs“) (the “Proposal“) as

Read Full Article
EU, ICO

SEC Bars Perpetrator of Tomahawkcoin ICO Fraud

On August 14, the U.S. Securities and Exchange Commission (the “SEC”) recently obtained permanent officer-and-director and penny stock bars against

Read Full Article
ICO, SEC, US

Categories

Location