Tag "ICO"
11 Fintech and Blockchain Events in the Philippines to Attend in 2019
Philippines is described by some as a hidden gem in the South East Asian fintech scene, our previous Fintech Philippines 2018 report demonstrates that this archipelagic nation has all the recipes in place for a booming fintech sector. A similar
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Raising US$90 Mil From a Private Round, Kakao’s Ground X Now Opens ICO to The Public
Kakao Group just raised US$90 million in a private coin offering to bolster Ground X, its blockchain development arm—and the company is already eyeing its next funding round. According to Jason Han, CEO of Kakao’s Group X, the initial funding
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Philippine SEC sets 2nd Round of ICO Rules Consultation
Having postponed the release of its final rules on ICOs (initial coin offerings), the Philippine SEC (Securities and Exchange Commission) has set its second round of public consultation open until January 15, 2019. “The Commission is inviting banks, investment houses,
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2 Disturbing Trends That Force Us to Consider: Are ICOs A Failure?
As of the first half of 2018, 86% of the leading initial coin offerings (ICOs) that listed on a cryptocurrency exchange in 2017 are below their initial listing price and a portfolio of these ICOs is down by 66% since
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Top-5 Countries to Setup Fintech & Blockchain Startups
While the coherent regulation of blockchain and fintech industry is yet to be developed, fintech startups find themselves navigating through regulatory jungles of various dos and don’ts when formulating their business models. Recent actions and statements of most state regulators
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BCIO: The Art of Building a Successful Crypto Team
56 %. That is the percentage of ICO-funded Crypto startups that are bound to collapse after just four months. Admittedly, such a high rate of failure is quite baffling, as funding is most of the time not the main reason
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Blockchain Events to Attend in the 2nd Half of 2018
Technologists and business leaders have recognized the tremendous disruptive potential in blockchain technology, which can be used in a myriad of areas. Public and private sector organizations, for instance, might use it to share information selectively and securely with others,
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Investor Guide to Smart ICO Investments
Over the past 2 years, the crypto space and blockchain projects have gained popularity across the globe. As a result, many dubious players entered the market to get a piece of the crypto pie. It is increasingly difficult for investors
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Philippines’ CEZA Limiting Cryptocurrency Exchange Licenses to 25
The Cagayan Economic Zone Authority (CEZA), a Philippine government-owned and-controlled corporation tasked to develop the “fintech city” in the country, is planning to limit to 25 the number of licenses it issues to cryptocurrency exchanges. CEZA administrator and CEO Raul
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Creation of a Fintech City to Push Fintech in Philippines
The plan to create a “fintech city” in the Philippines will be pushing through as rules and regulations have been issued by the Cagayan Economic Zone Authority (CEZA), a government-owned and-controlled corporation tasked to manage and supervise the Cagayan Special
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