SGX sets out guidelines for initial coin offerings
5 years ago | sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
Shareholders should be made aware of risks and fund proceeds.
The Singapore Exchange (SGX) has laid out guidelines for listed companies considering conducting initial coin offerings (ICO) given the growing popularity of the fundraising method.
An ICO is when a firm makes an offer of digital tokens or coins to investors that are paid for either with fiat currencies or other cryptocurrencies.
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