TON investors could be left in the cold due to a reimbursement clause in the contract. Legal experts weigh in. Telegram’s grand entry into the cryptocurrency world is in limbo. After months of rumors, hype and anticipation, Telegram Open Network’s (TON) titan $1.7 billion sales round was declared illegal by the United States Securities and […]
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The Premier of Bermuda, Edward David Burt, has said that cryptocurrencies are a great equalizer and characterized fintech innovation as a national strategic imperative. The Premier of Bermuda, Edward David Burt, has said that cryptocurrencies are a great equalizer and characterized fintech innovation as a national strategic imperative. In an interview for Forbes published on […]
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Telegram responds to the SEC in a filing with the U.S. District Court for the Southern District of New York, calling the SEC’s injunction “an ‘emergency’ of its own making.” Telegram responded to the United States securities regulator, arguing that Gram, the native cryptocurrency for the Telegram Open Network (TON), is not a security. Telegram […]
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For the past decade, crypto has been associated with illegal activities, and politicians have stayed away. Is the perception now changing? A Reuters report published on Oct. 8 claimed that Japan’s internal affairs and communications minister, Sanae Takaichi, confirmed to ministers in the country that crypto donations are not subject to financial regulations. However, in […]
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Have you ever thought about how big crypto transactions affect the crypto markets? Learn more about whale movements here. Has the crypto industry developed any type of solution for such transactions? Crypto auctions, algorithmic trading and over-the-counter (OTC) desks are designed to transfer large amounts of crypto. In cases when you want to trade your […]
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An Initial Exchange Offering, or IEO differs from an Initial Coin Offering, or ICO in one very important way: only members of a specific digital currency exchange may participate in the coin offering. In this way, an IEO may be regarded as a sort of private form of an ICO, and its popularity is growing. […]
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The UAE’s Securities and Commodities Authority will be collecting public feedback on drafted regulations on crypto assets until Oct. 29. The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets. Seeking feedback from the industry According to an official statement from Oct. 15, the SCA will be collecting […]
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Telegram does not agree with the SEC’s recent action and claims it has been trying to solicit feedback from the agency for the past 18 months. Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal. No clear feedback from SEC for 18 […]
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The SEC is suing Telegram over the $1.7 billion ICO, is it the mark a new wave of regulatory scrutiny on the U.S. market? Late Friday, the United States Securities and Exchange Commission (SEC) announced that it is suing two offshore entities, Telegram and its wholly owned subsidiary, TON Issuer, for holding an unregistered token […]
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With government regulations becoming more stringent, crypto businesses are coming together to form self-regulating bodies for the industry. Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to […]
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