Dubai Financial Regulator Adds to Wave of Public Warnings Against ICOs

[kreslik.news]

The talk of the town within the global regulatory space is still towards the surge in cryptocurrency fundraising, or initial coin offerings (ICO).

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Today, the Dubai Financial Services Authority (DFSA) issued a warning about the potential risks, the latest regulator to crack down on the burgeoning cryptocurrency market. Dubai’s move follows similar warnings in the United States, Singapore and Canada, and more recently the the UK.

However, the announcement from the DFSA did not explicitly ban ... (read more)