ICO fundraising continues despite US regulatory warning
Posted on: 9 août 2017, by : Stuart Dredge

We’ve been writing a bit more about initial coin offerings (ICOs) recently. In the blockchain world, they’re a way for a startup to raise money by creating and selling their own cryptocurrencies, without having to run the gamut of regulations that a traditional IPO would have to.
Or at least, that was the theory: a recent statement from US financial regulator the SEC warned that a number of ICOs may still fall foul of its rules.
The New York Times has a good roundup of the reaction from the companies planning ICOs, which is essentially to carry on regardless.
The post ICO fundraising continues despite US regulatory warning appeared first on Music Ally.
Source: Music ally

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