ICO Regulations – Ontario Security Regulator Accepted TokenFunder ICO

Nishanth Shetty

Nishanth Shetty

October 27, 2017 10:18 am

Ontario Security Regulator Accepted TokenFunder ICO | Coindelite
1455 Total Views

ICO Regulations – Ontario Securities Commission (OSC) has approved an Initial Coin Offering which is all set to launch at the beginning of the next month.


The Ontario Security Regulator accepted the token sale which was organized by TokenFunder, which will develop a platform for projects that can be used to raise funds through coin sales of its own. The company is all set to raise funds around $10 million from November 1.


The agency described an optimistic tone by remarking that:


“It is important that we continue to foster innovative new ways to raise capital and invest, and this announcement is a testament to the dedicated support we are providing in this space.”


As a part of the legal framework surrounding the campaign, TokenFunder will treat its coins through offering as secure. TokenFunder follows Quebec-based Impak Finance as one of the first company in Canada to launch an ICO under the Oversight of a state regulator.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Swiss – FINMA Regulate ICOs and Publish Guidelines

Guidelines Published by the Swiss Financial Market Supervisory Authority for ICO Organizers. The Swiss Financial Market Supervisory Authority (FINMA) has published a press release regarding how it plans to apply financial market legislation in handling queries from the ICO organizers. The post also describes the information FINMA requires for dealing …

Spain to Become Next Cryptocurrency Hub After Swiss

Spain is going to Legalize Cryptocurrency after Swiss Recently Rolled out Guidelines for ICOs While other European countries attempt stricter regulations on cryptocurrencies, Spain seems to be following Switzerland’s initiative ahead by proposing crypto-friendly legislation. Spain on the Blockchain Spanish Prime Minister Mariano Rajoy’s People’s Party is all set to …

Indian Investors Forced to Buy Cryptos Abroad; as the Govt. Pull Strings

Cryptocurrency Regulations Tightened in India; People are looking to Buy Cryptocurrencies Abroad. Since cryptocurrency regulations are becoming more efficient in India, a new trend has begun in the country by acquiring cryptocurrencies from overseas, either from relatives, friends or with abroad accounts. Increased Regulations Indians are looking forward to buying …


Pin It on Pinterest

Share This