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Blockchain Life 2019  •  

# STO News

April 12, 2019 by at Altcoins, Business, News
WISeCoin, the distributed ledger technology (DLT) project of WISeKey, a Swiss-based cybersecurity firm that claims to be focused on protecting connected cars against cyber-attacks, has successfully raised $7 million through its pre-security token offering (STO) round, according to a press release on April 11, 2019. WISeCoin Aiming for the Moon...
If one is planning to launch an ICO or an STO to fund a startup, one of the seemingly unconnected factors that may affect the failure of success of the token sale is the country in which founders are basing their venture. In this article, readers will discover the top...
March 31, 2019 by at Altcoins, News, Regulation
Hong Kong’s Securities and Futures Commission (SFC) wants stakeholders to know that it regards security token offerings (STOs) as securities. The SFC issued a press release on March 28, 2019, intimating investors of the regulatory status and associated risks of STOs. STOs Remain Regulated as Securities In the press release,...
March 28, 2019 by at ICO News, News
The Swiss Financial Market Supervisory Authority (FINMA) said on March 27, 2019, that Envion AG’s ICO failed to follow the law when it took money from investors during its fundraising. A court in Zug has also opened bankruptcy proceedings against the company over organizational shortcomings. Apply Traditional Market Rules The...
According to March 21, 2019, public notice by the Beijing Internet Finance Industry Association, any participation in “solicited illegal financial activities” like initial coin offerings (ICOs), security token offerings (STOs) and initial exchange offerings (IEOs) could result in severe punishment. China Warns Against Participation in Crypto Business Models After months...
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