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The FCA offers its two cents on Initial Coin Offerings

Overview

Regulators across the globe have been speaking out (and in some cases acting out) on initial coin offerings (ICOs). From the U.S. Securities and Exchange Commission (SEC) and the Canadian Securities Administrators (CSA) in the west, to Singapore, Hong Kong, China and Australia in the east, the ICO regulatory atlas is beginning to take shape. The UK's Financial Conduct Authority (FCA) has now added itself to the map, as it too has released a statement noting that ICOs are "very high-risk, speculative investments".

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