The SC has not authorised any ICOs pending the finalisation of its guidelines.
A reduction in participants could mean easier regulation and the ability to better cater to demand.
The two consultation papers are available at the SC website and the public can submit their comments by March 29, 2019.
Regulations are being put in place to bring digital assets within the remit of securities laws.
EY study shows 86% of tracked ICOs are below listing price; 30% lost substantially all their value.
It’s a startup heavy week on DNA with HelloGold, raising its Series A right on the heels of its US$5 mil ICO.
ServisHero aims to capitalise on blockchain technology to decetnralise its systems for more efficient operations
Bitcoin at least three dimensions that are causes for concern.
Offering 60 million Crowd Genie Coins for sale at the price of one Ethereum for 400 CGCOINs.
Among the issues are flawed token valuations, unclear regulations, heightened hacker attention and congested networks.