On September 9, 2024, the Chief Accountant of the U.S. Securities and Exchange Commission (SEC), Paul Munter, delivered remarks describing circumstances in which, in the SEC staff’s view, entities may engage in cryptoasset...more
For the past few months, issuers of token sales or “initial coin offerings” (ICOs) have known that they were, to some extent, sailing in unchartered waters. Those waters have just gotten a bit murkier with an announcement by...more
9/8/2017
/ Bitcoin ,
Blockchain ,
Canadian Securities Administration ,
Capital Raising ,
China ,
Cryptocurrency ,
Digital Currency ,
Financial Conduct Authority (FCA) ,
Financial Crimes ,
Fraud ,
Global Market ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Illegal Activity ,
Initial Coin Offering (ICOs) ,
Investment Contract ,
Popular ,
Public Financing ,
Pyramid Schemes ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Startups ,
Token Sales
Over the last 12 months, a growing number of start-ups, primarily those offering blockchain-based services, have raised capital utilizing so-called initial coin offerings or token sales (collectively referred to herein as...more
8/3/2017
/ Capital Raising ,
Cryptocurrency ,
Initial Coin Offering (ICOs) ,
Investor Protection ,
New Guidance ,
Registration Requirement ,
Securities ,
Securities and Exchange Commission (SEC) ,
Startups ,
Stock Exchange ,
Token Sales ,
Virtual Currency