MAS turns up heat on cryptocurrency exchanges, ICOs

May 25, 2018

Issuer of an initial coin offering made to return funds from S'pore-based investors

An initial coin offering (ICO) has been stopped in its tracks by the regulator as it broke rules governing securities and futures contracts.

The ICO issuer has returned all funds received from Singapore-based investors.  Read more...


Source: The Straits Times

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