Canadian Provincial Regulator Issues Warning Against Two Firms’ ICOs

[kreslik.news]

The Nova Scotia Securities Commission has issued a warning against two companies which are offering initial coin offerings because the companies are not licensed to sell securities in the country.

The companies are called ORCA Alliance and BIOK Ltd, according to the press release. The agency requests that members of the public inform it if they make contact with either of the two companies, which includes seeing their advertisements.

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The NSSC is one of thirteen provincial financial regulators in Canada. Its jurisdiction is a population of just under one million people.

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