Firms
Korean bill to legalize ICOs, Chinese firm’s Ethereum RWAs mystery: Asia Express
South Korean lawmaker wants to bring back ICOs A South Korean lawmaker has introduced draft legislation to create a framework for cryptocurrencies, including legalizing initial coin offerings (ICOs) and setting rules for stablecoin issuance. Lee’s proposes bill that brings ICOs back to South Korea. (KNN News/Youtube) The proposal, announced Thursday by ruling Democratic Party lawmaker […]
Crypto Treasury Firms Introduce Counterparty Risks to Bearer Assets: CEO
Bitcoin (BTC) and crypto treasury firms pose similar risks as collateralized debt obligations (CDOs), securitized baskets of home mortgages and other types of debt that triggered the 2007-2008 financial crisis, Josip Rupena, CEO of lending platform Milo and former Goldman Sachs analyst, told Cointelegraph. Crypto treasury companies take bearer assets with no counterparty risk and […]