The company behind The DAO project has been acquired by incubator and developer Blockchains.
Malta may call itself the “Blockchain Island” but it got some stiff competition on April 15 when French Finance Minister Bruno Le Maire proposed that its European Union partners “set up a single regulatory framework on crypto-assets inspired by the French experience."
The Securities and Exchange Commission charged Gladius Network LLC with conducting an unregistered initial coin offering (ICO), even after the company self-reported themselves to the commission. Companies that fund through an ICO must register the coins as securities, the SEC clarified on Wednesday. Gladius will have to offer speculators a refund.
The U.S. Securities and Exchange Commission wants to know if the technology to help it monitor major cryptocurrency blockchains for risk and regulatory compliance issues exists.