Bitcoin Forum
June 18, 2019, 12:07:06 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-09-13] Coinatory: ICO tokens can be recognized as securities in UAE  (Read 36 times)
coinatory.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile WWW
September 13, 2018, 06:48:47 PM
 #1

The United Arab Emirates is studying various approaches to regulating the ICO. One of them is to equate tokens with securities.

The Securities and Commodities Authority of the United Arab Emirates (SCA) studied the market of crypto and ICO, the approach of various countries to their regulation and prepared a set of rules and mechanisms for cryptomarket. Sultan Bin Said Al Mansouri, Chairman of the Board, said that the token and the initial offer of coins will be regulated in accordance with the current securities laws. This will be the first step on the road to modernization and

Read more: https://coinatory.com/2018/09/13/ico-tokens-can-be-recognized-as-securities-in-uae/
1560816426
Hero Member
*
Offline Offline

Posts: 1560816426

View Profile Personal Message (Offline)

Ignore
1560816426
Reply with quote  #2

1560816426
Report to moderator
1560816426
Hero Member
*
Offline Offline

Posts: 1560816426

View Profile Personal Message (Offline)

Ignore
1560816426
Reply with quote  #2

1560816426
Report to moderator

0% MINING FEES FOR THE NEXT MONTH. GET PAID IN BTC, ETH, XMR or RVN.

www.cudominer.com Learn More
Easily run CudoOS from a USB flash drive.
Designed for rigs. Manage your mining remotely from Cudo Console.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560816426
Hero Member
*
Offline Offline

Posts: 1560816426

View Profile Personal Message (Offline)

Ignore
1560816426
Reply with quote  #2

1560816426
Report to moderator
snipie
Legendary
*
Offline Offline

Activity: 1324
Merit: 1007


sMerit4art:bitcointalk.org/index.php?topic=2957836


View Profile
September 14, 2018, 06:27:55 AM
 #2

I believe they have just one ICO running in their country so it is not a big deal. The most important part is to see other countries following them and regulating ICO so less people get scammed  Smiley

BitcoinGuruOne
Member
**
Offline Offline

Activity: 364
Merit: 13


View Profile
September 14, 2018, 11:03:24 AM
 #3

I am a but woried if everyone is just going to make ICOs equal to IPOs, i believe that it will make them equaly hard to perform thus making them useless.

I a gree that there should be regulation but it should make investing in startups easier than currently. I personally am waiitng on EU regualtion on cryptos mainly because they will be unique and most likley the rest of the world will follow.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!