ICO in Singapore

Singapore's position on ICO is that it does not put restriction on ICO if it is a bona fide business. In this regard, Singapore's ICO regulatory authority, the Monetary Authority of Singapore, issued several guidelines and announced ICO-related regulations and procedures in Singapore. (You can see the Singapore's government website for consumers.) The SFA applies …

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Malta’s New Crypto Laws

Tiny, but a “crypto-beast”, Malta, a little European island in the Central Mediterranean Sea has grown to be the leading innovator in the blockchain space - a journey that begun a few months ago when bitcoin’s boom spawned across the globe. However, as expected, there has been a lot of resistance from the governments and …

Reverse ICO

1. Definition Reverse ICO refers to companies that already offer a platform or service that is commercially available. Reverse ICO is an alternative form of ICO in which tokens are offering on the back of an existing business/intellectual property rights etc. This contrasts with the typical form of ICO where the business is often in …

Is Crypto a thing under civil law?

https://www.lawtimes.co.kr/Legal-News/Legal-News-View?serial=145541 1. Difference between exchange and electronic wallet As the currency exchange became more commonplace, a new type of voice phishing technique has emerged. We tricked the victim into depositing the cash into the cryptocurrency exchange account, then converting it into a cryptocurrency and taking it out of the e-wallet located outside that exchange. What …

Criminal Liability of Crypto Scams under Korean Law

In this article I will discuss some possible crimes that can be committed through cryptocurrency. For ICOs overseas, it would be rather difficult for Korean governments to directly regulate ICOs if foreign corporations make white papers and websites in foreign languages ​​and restrict the participation of Korean investors. However, he added, "Even if the ICO is …