NewYorkCoin Meetup to Take Place on Manhattan

New York Coin is bringing one of the founders of NYC coin as a speaker for a meetup, which will take place in New York City on April 18
31 March 2018   2020

NYC offers its users a decentralized, anonymous and secure worldwide network easily accessible using a wide array of wallets on multiple operating systems. New York Coin is decentralized and has a proven blockchain, churning out transactions every 30 seconds, and most transactions are free in the newyork coin network.

New York Coin is bringing one of the founders of NYC coin as a speaker for a meetup, which will take place in New York City. The attendees of the meetup will be able to network with innovators in digital space.

Location: eBay 625 6th Avenue, New York, NY, USA
Date and Time: 

The panelists include James Burrell and Kathy Nielsen. James provides advisory and oversight functions for the NewYorkCoin community. NYCoin’s code features enables users to exchange value electronically to and from any location in the world without the need of a 3rd party custodial services.  NYCoin community volunteers provide software development, business development, marketing, and logistics with the ultimate goal of making NYCoin a leader in the virtual currency space. James adds value to the NYCoin community through his experience in the financial services industry and securities law.

Kathy Nielsen, the Digital Director at Neustar, built an advertising sales team for BabyZones’s 60+ regional sites across the US and Europe. After working in the digital advertising world and learning what it takes to be a successful online business, she moved to the origins of it all - the domain name industry. Later Kathy joined Neustar where she combines her digital advertising, marketing and domain name industry background to support multiple, top-level domains both old and new. She is in her best element when talking to end users about the world of domain names and all the benefits and opportunities they have to offer.

Join and enjoy!

Malaysia to Regulate ICO and IEO

Rules says tokens can be distributed via venture capitalists and financial institutions without selling shares and without debt instruments
16 January 2020   94

In Malaysia, the procedure for initial coin offerings (ICO) and initial exchange offerings (IEO) has been established. The Malaysia Securities and Exchange Commission (SC) provided relevant guidance for participants in the digital asset industry.

According to the regulator, projects can distribute their tokens through venture capitalists and financial institutions without selling shares and without using debt instruments. It was also established the maximum limit on the amount of funds raised through ICO, which will be 100 million Malaysian ringgit or about $ 24.5 million. No special requirements for investors are provided, that is, both institutional and retail investors will be able to participate in such campaigns.

After the completion of sales, the regulator will monitor the spending of collected funds.

Digital tokens offering can provide another alternative fundraising avenue for early-stage entrepreneurs. This initiative supports Malaysia’s Shared Prosperity Vision 2030 (SPV2030) by supporting the growth of SMEs and micro businesses which are targeted to contribute 50% to Malaysia’s GDP. It also aligned with SPV2030’s aspiration to create 30% high technology Malaysian companies.

 

Datuk Syed Zaid Albar

Chairman of the SC

In addition, the rules for the functioning of IEO platforms were established. Such platforms, if they operate in the country, must independently register with the agency. In addition, they must carry out the necessary checks to verify the integrity of the issuer, as well as understand the capabilities and characteristics of the token they offer.

New regulations are expected to be established in Malaysia in the second half of this year. At the first stage, SC intends to cooperate with IEO platforms on the issue of identifying satisfactory issuers.