Monetary Authority Of Singapore Shuts Down Local ICO

Monetary Authority Of Singapore Shuts Down Local ICO ICO News , News , Regulation | May 25, 2018 By: David Pimentel
The Monetary Authority of Singapore ( MAS ), the country’s central bank, has shut down an unidentified initial coin offering (ICO) for allegedly offering unregistered securities.
In a release issued Thursday, MAS said it has directed an ICO issuer to stop offering digital tokens to Singapore-based investors, after assessing that the issuer had contravened the country’s Securities …

Original Source