by Jill Treanor on (#3ATPC)
FCA to escalate scrutiny of initial coin offerings in currencies such as bitcoin, increasingly used by startupsThe City regulator is intensifying its scrutiny of initial coin offerings (ICOs) in cryptocurrencies such as bitcoin to establish if new rules are needed for the fast-growing market.Celebrities such as Paris Hilton, Floyd Mayweather and Harry Redknapp have associated themselves with ICOs, which can be used to raise money for internet startups. Hilton, though, is reported to have deleted some of her tweets. Continue reading...