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Topic: ICO from Singapore-based companies (Read 372 times)

member
Activity: 82
Merit: 17
August 02, 2017, 11:34:22 PM
#4
Interesting!
As long as your token is a utility you are fine.
If the tokens are actually securities (like the DAO according to the SEC), then you need to go through a similar process as IPO.

Many companies sell their tokens from Gibraltar and Switzerland.
another question does the incorporation country of the ICO affects your decision to invest?
I would think they are other countries which ICO companies can incorporate their entity, what are the factors you would consider?
member
Activity: 82
Merit: 17
August 02, 2017, 12:35:31 AM
#3
actually this rule will have some impact on the ICO momentum coming out of Singapore. I have seen alot of interest from Singapore but as Ranih put it, many have to rethink on their token strategy....
full member
Activity: 168
Merit: 100
Snip - The Future of News on the Blockchain
August 02, 2017, 12:24:11 AM
#2
Interesting!
As long as your token is a utility you are fine.
If the tokens are actually securities (like the DAO according to the SEC), then you need to go through a similar process as IPO.

Many companies sell their tokens from Gibraltar and Switzerland.
member
Activity: 82
Merit: 17
August 01, 2017, 10:15:29 PM
#1
Hi all,

Singapore has been the preferred country for companies launching ICOs in the recent months, however the central bank just came out with a notification:
http://www.mas.gov.sg/News-and-Publications/Media-Releases/2017/MAS-clarifies-regulatory-position-on-the-offer-of-digital-tokens-in-Singapore.aspx

how would this impact ICOs from Singapore go forward? Which other jurisdiction is "ICO-friendly"??

Would ICOs from Singapore be the preferred campaign in future? However it would mean disclosure of the investors.... would you still do it?

Looking forward to your views.
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