ICO

Mar
18

Regulatory regime for initial coin offering on the cards

The federal government is considering regulating initial coin offerings, a niche form of private fundraising for the technologically sophisticated developer community, in a move that could give blockchain-based start-ups an alternative to traditional capital raising. With ICOs around the world largely unregulated, they are considered the “wild west” of capital markets where scams and fraud […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . FinTech . Investing
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Feb
21

ICO Submission to the Australian Treasury – Why ICO should stand for “Illegal Coin Offering”

By Aleksandar Svetski, CEO of Amber Labs Preface This article is an extension to a submission the authors have made to the Australian Treasury during their information-gathering process. We believe it’s critical for people to better understand what really happened during this mania, the skewed incentives that resulted and the ramifications of this blind excess. […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
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Feb
18

How Blockchain crowdfunding could soon kill off the ICO

The words Blockchain and ICO might go together like sausage and mash but there’s a good reason, it generated nearly $8 billion in funds raised in 2018. Impressive but still only a tiny fraction of the global crowdfunding industry and already this year we’re seeing a sharp decline. Whereas in the traditional crowdfunding arena the odds are better, […]

By Reposted by Australian FinTech | Blockchain . FinTech . Investing
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Oct
18

ASIC tightening regulation on ICOs is a positive move for the industry

ASIC recently announced that it has shut down several Initial Coin Offerings (ICOs) for misleading or deceptive statements in their marketing and operation of unlicensed managed investment schemes. This once again casts the spotlight on the unregulated nature of the Cryptocurrency industry and the need for investor protection. Cryptocurrencies and, by association with the larger category of […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
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Sep
21

Bit Trade gears up to launch Australia’s first currency-backed stablecoin in partnership with Emparta

Australia’s longest standing digital currency exchange, Bit Trade, has announced a partnership with blockchain company Emparta to design and launch the country’s first Australian Dollar-backed stablecoin. Stablecoins are digital currencies pegged to a reserve or stable asset such as fiat currency and are used for trading and exchange-related purposes. Commenting on the announcement, Bit Trade […]

By Australian FinTech | Currency . FinTech
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Sep
17

Are ICOs here to stay? Despite plunging crypto prices and faltering companies, blockchain startups stay bullish

It’s official: the more than 80% decline in cryptocurrency prices over the past eight months has officially trumped the dot-com bust of the early 2000s. Back in the year 2000, the Nasdaq Composite Index’s plunge came in at 78% from peak to trough as share prices for tech companies collapsed. Cryptocurrency poster child Ethereum’s crash […]

By Reposted by Australian FinTech | Blockchain . FinTech . Investing
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Sep
17

Step-by-Step Guide: How to Create Your Own Cryptocurrency

Introduction Did you know, there are different forms of money? Not just real and counterfeit. Those categories were relevant in the 20th century. Now we have Cash money, digital money or money that can be accessed through online mediums, and plastic money which refers credit cards and debit cards. But in the last decade, the […]

By Reposted by Australian FinTech | Bitcoin . Blockchain . Currency . FinTech
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Sep
12

Dogecoin: the best performing crypto started off as a joke

It’s been a brutal bear market for crypto. Since peaking in early January, the entire space has lost around $US640 billion ($901 billion). Every time there’s been a brief rally it’s been followed up by relentless selling. According to OnChainFX, a site that tracks cryptocurrencies, only one coin has seen major gains over the last […]

By Reposted by Australian FinTech | Currency . FinTech . Investing
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