Last week, the SEC asked to speak with us. The SEC has been very active recently, issuing numerous subpoenas. Interestingly, we are not conducting an ICO, presale or SAFT. Instead, we support companies who are, providing Know Your Customer (KYC) support, sometimes called AML/KYC.
P2P companies and online retailers have found success in marketplaces that connect buyers and sellers. Whether for e-commerce, loans, ride sharing, or housing, marketplaces are reducing inefficiencies by both increasing supply and reducing costs. P2P companies such as Airbnb and Uber rely on the marketplace model and directly hold a very small inventory themselves. Even […]
Online retailers have found that in addition to selling products, letting third party vendors sell on their platform has enabled them to grow by leaps and bounds. For example, Amazon has 2 million third-party sellers and over 50% of all items sold are through them. The benefits to online retailers for having third-party vendors include: […]
What we’ve learned from helping our customers launch 10 ICOs The number of Initial Coin Offerings has taken the market by surprise. Over $2.25b has been raised via ICOs this year alone, and a market which didn’t exist four years ago is now competitive with venture capital. However, it’s not always smooth sailing. Today, 60% of ICOs […]
Most ICOs are Securities Requiring AML and Compliance Last week, the Canadian Securities Administrators (CSA) released notice 46-307 to initial coin offerings (ICOs) that impacts: ICO’s everywhere in the world with Canadian buyers Exchanges that trade ICO coins to Canadian customers Companies in Canada that are conducting an ICO In this notice they list: How […]