...ast month, the exchange announced that it intends to purchase three companies: (I) Keystone Capital Corp., (II) Venovate Marketplace and (III) Digital Wealth LLC – as means of becoming a regulated platform for offering trading services in security tokens, as well as to tokenize traditional financial assets. Coinbase COO Assiff Hiriji commented: *“Ultimately, we can envision a world where we...

...mpanies to raise money for making first steps in business. The Authority assumes that the unregulated initial token offerings can be dangerous for investors. What are the main problems of ICO? First of all, cryptocurrencies are used for obtaining tokens. Investors purchase tokens on the Internet and initial coin offering tend to be global and anonymous. As a result, governmental authorities thi...

...refore, an approach to ICO regulation is still caused by need to protect oneself from money laundering and financing of terrorism. Many questions aroused while deciding on **token regulations**. For example, currently there are different types of tokens and approach to them is measured by their purpose. They are distinguished into the three types: payment, asset and utility. Payment tokens are...

...the jurisdiction that, along with the others, starts adding DLT to its scope of regulation. The Gibraltar Financial Services Commission is the main governmental body that deals with the financial services regulation. Virtual currencies, including tokens and coins, are going to be the subject of regulation after the adoption of abovementioned legislation. It is expected to be considered by the P...

...ublic deposits in connection with the ICO. Investigations executed by FINMA state that, in terms of the ICO, envion AG received funds amounting to approximately one hundred million francs from more than 30,000 investors in return for issuing EVN tokens in a bond-like form. FINMA will make no further comment on the process until the investigation is complete. In last year September the numbe...