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Regulator Supports Blockstack’s Tokensale

The start-up Blockstack, which launched the platform uniting users and developers, has obtained the permission of The United States Securities and Exchange Commission to run a $28 million public token offering under Regulation A+.

Japanese Liquid receives the Unicorn status

The Japanese cryptoexchange Liquid reports that after the end of C financing round, the valuation of the company has reached 1 billion dollars. It is the second company in the territory of Japan which became a unicorn, the trading floor Coinbase was the first in 2017.

The correct way to invest in a project according to SEC and OIEA

Regulators constantly face the investments in the course of their work. Therefore, they have developed the point of view on the safe way to make investments in projects over time. The U.S. Securities and Exchange Commission (SEC) in association with the SEC’s Office of Investor Education and Advocacy (OIEA) have prepared the recommendations for investors which will allow them to make effective and, which is more important, safe investments in projects.

EXMO to start IEO of Paytomat

On April 1, 2019, the cryptocurrency exchange EXMO and decentralized system for cryptocurrency payments Paytomat will run an initial exchange offering on which 85 million PTI tokens will be exposed to attract 100 BTC. The IEO will last until the sold out, but not later than April 3, with the asset price changing each day from 850 thousand to 750 thousand and to 650 thousand PTI for 1 BTC, respectively.

What is IEO and why is it safer than ICO?

The initial exchange offering (IEO) is gaining popularity on the market of the cryptocurrency lately. The trading platforms create special services to use the token sale mechanism, which shows impressive results either in terms of speed or demand among the investors.

KuCoin to start platform for IEO

Following the footsteps of Binance, Huobi, and OKEx, the trading platform KuCoin is going to start the platform to support blockchain companies at the expense of the initial exchange offerings (IEO) which give a chance to collect the investments through the audience’s involvement.

Circle to attract 250 million dollars on the development

The American startup Circle, the management of the trading floor Poloniex, intends to collect 250 million dollars of investments and searches for new sources of financing. The head of the company Jeremy Aller reports the increase of the income, despite the market decline.

GoCardless secured $75mln to enter US market

British fintech company GoCardless which deals with regular payments has secured $75 million worth of investment in Series E funding. Venture funds GV (former Golem Ventures) and Salesforce Ventures were the major investors in this round.

5 Misconceptions about ICO

The ICO market is relatively young, therefore, trying to understand it, investors create persistent errors, which often lead to erroneous actions. We represent the top five most persistent misconceptions about ICO-projects.

The SEC Launches Fraudulent ICO Project

The US Securities and Exchange Commission (SEC) launched the promotion of the HoweyCoin ICO project. The project itself is fraudulent. Thus, the regulator intends to demonstrate to potential investors how the attackers work.

Announcement of the Creation of the First Russian Association of Blockchain Lawyers

In Russia, lawyers from the digital economy are united in the first association of  "blockhain lawyers". Experts, based on the experience of regulating the cryptoindustry in other countries, will work on improving Russian legislation in this area.

 As co-director of the company "Effective Business Resources" Alexander Zhuravlyov reports, now the organizers and clients of ICO will have an opportunity to obtain from lawyers all the necessary information regarding the purchase and sale of cryptocurrencies.