Switzerland Finma notice on the closing down on a set of coin providers and general warning of investors Press release by FINMA including notice on the closing down on a set of coin providers and general warning of investors to stay away from fraudulent cryptocurrencies, September 19, 2017277 [https://www.legalico.
Switzerland Ethereum Foundation / Ether The Ethereum blockchain and the eponymous crypto-asset Ether which is proprietary to the Ethereum blockchain, barely need an introduction, being consistently ranked as the crypto-asset number two or three after Bitcoin with a
Switzerland Tezos Foundation / Tezzies Tezos is a blockchain-based, decentralized applications platform project. Within the Tezos blockchain, formal verification of smart contracts shall be facilitated. Furthermore, an "on-chain" governance mechanism shall be implemented. Arthur and Kathleen
Switzerland Switzerland Switzerland has become an undisputed hub for ICOs, making up for over USD 600 Million of the total ICO funding of USD 3 billion which was obtained in 2017.241 [https://www.legalico.
Italy Court of Verona - decision on Bitcoin The Court of Verona stated that the "the purchase of cryptocurrencies (i.e. Bitcoins) - which should be classified as financial instruments - is a transaction that can be defined as highly
Italy Bank of Italy Warning letter In January 2015, Bank of Italy released a statement236 [https://www.legalico.io/references#236] stating that virtual coins are "the digital representation of a value, not issued by a Central Bank
Italy Example of ICOs in Italy There are many examples of ICOs launched by Italian residents or publicized in Italy, but the vast majority of them were launched through foreign incorporated legal entities (e.g. https://eidoo.io [https:
Italy Italy As a member state of the European Union, Italy's financial regulation framework is subject to EU directives and regulations including key legislation such us the Prospectus Regulation, the Markets in Financial
Malaysia Cease and Decease order to CopyCashCoin project In a Press Release [https://www.sc.com.my/post_archive/statement-on-initial-coin-offerings/] on Jan. 9, 2017, the SC announced that they would investigate the CopyCashCoin ICO. The project is set to launch on
European Union European Union To date, the European Union has not passed any laws directly targeted at ICOs. Yet, some of the tokens issued via ICOs could fall within the existing regulatory framework. We identify here the
Estonia Examples of ICOs in Estonia Robot Vera ICO : https://ico.robotvera.com/ Agrello (Delta token ICO): https://www.agrello.org/ Mothership (MSP ICO): https://mothership.cx/ Polybius ICO: https://polybius.io/ico *Estcoin ICO: an idea of the
Estonia Estonian Supreme Court on virtual currencies Estonian Supreme Court (Riigikohus) has discussed trade in virtual currencies (namely Bitcoins) in its 11 April 2016 decision No 3-2-1-75-15.226 [https://www.legalico.io/references#226] The court found that trading in
Estonia Estonia One of the best places to start and run business, both within the EU and worldwide,212 [https://www.legalico.io/references#212] Estonia, with its innovation oriented regulatory environment, has without surprise
Gibraltar Gibraltar Gibraltar, a British overseas territory nestled on the southern coast of Spain right across from Morocco, is an offshore jurisdiction with more registered companies than households.286 [https://www.legalico.io/references#286]
Gibraltar Rock Token In a recent report on the Business Insider, it was noted that the Gibraltar Blockchain Exchange (GBX), a subsidiary of the stock exchange operator, has plans for its own initial coin offering on,
Germany Wys ICO Dubbed Germany's first ICO, Wys provides a framework for blockchain-based mobile shopping. As of January 15th, 2018, the issuers collected more than 2'000 Ether in exchange for WYS Tokens.
Germany Germany - Deutschland In Germany, companies active in the technology and digitization sector, in particular start-up and emerging companies lacking access to more traditional capital markets, are increasingly looking for financing through the issuance of tokens
Singapore Regulatory statements on Singapore Press release on regulatory position on the offer of digital tokens, August 1, 2017144 [https://www.legalico.io/references#144] On August 1st, 2017 , the Monetary Authority of Singapore (MAS) issued a press
Singapore ICO examples in Singapore Blockchain Capital / BCAP One of the most prominent examples of an ICO from Singapore, which was conducted in early 2017 was that of Blockchain Capital, a venture capital firm. Within just six hours
Singapore Singapore - Republik Singapura Much like Switzerland, the city-state of Singapore has emerged as an undisputed Hub for Initial Coin Offerings specifically ("ICOs") and blockchain technology in general. This is highlighted by the amount of
PRC Closing Miner Activities In a most recent step, and as mentioned above, the authorities seem to also want to stop all mining activities. While, according to most recent news reports,174 [https://www.legalico.io/references#
PRC Two court decisions There have been a few court cases involving cryptocurrency. To show the argumentation of the court, we want to point out two recent judgements: In a larceny case tried by the Zhejiang Taizhou
About Legalico Legalico is an online platform providing a multi-jurisdictional overview of relevant laws, regulations, and recent developments in relation to blockchain, cryptocurrencies, ICOs and STOs, as well as a discussion forum in which lawyers,
United States of America Token sales may be subject to a number of complex regulatory regimes in the United States, at both federal and state levels. by Carla Reyes
PRC People's Republic of China - 中华人民共和国 Since the creation of bitcoins, China has very quickly turned into a booming bitcoin market, with Chinese Renminbi (CNY) accounting for 50-90% of global cryptocurrency trading by volume between the period 2014-2016....
