Tag Archives: CoinDesk

ICOs Welcome: Isle of Man to Unveil Friendly Framework for Token Sales

ICOs Welcome: Isle of Man to Unveil Friendly Framework for Token Sales

The Isle of Man is opening its doors to entrepreneurs looking to launch initial coin offerings (ICO). In an interview today, Brian Donegan, head of operations for fintech and digital development at the Isle of Man’s Department of Economic Development, told CoinDesk that the British Crown dependency has created a regulatory framework it believes will […]

China’s Exchanges Yank Token Listings Amid ICO Ban Fallout

China’s Exchanges Yank Token Listings Amid ICO Ban Fallout

Cryptocurrency exchanges in China are moving to delist cryptographic tokens sold through initial coin offerings (ICOs) in the wake of a government crackdown on the funding model. As previously reported, regulators issued a statement over the weekend which declared that ICOs constitute an illegal form of fundraising in China. The government ordered that ICO organizer refund investors, […]

Chinese ICO Site Suspends Services Amid Reports of Regulator Scrutiny

Chinese ICO Site Suspends Services Amid Reports of Regulator Scrutiny

A platform for investing in initial coin offerings (ICO)s in China has suspended its services as government officials reportedly begin scrutinizing the funding model more closely. ICOINFO, in a notice posted to its website, cited “a shifting regulatory environment” in its decision to freeze its platform. Users can contribute funds to the token sales that are […]