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How Regulation and Talent are Pushing Europe to the Top of Global ICO Map

  By David Drake   The number of cryptocurrencies being issued each month keeps growing. However, countries where these digital assets are being issued can choose to either regulate them, leave the industry unregulated, or ban them altogether. In countries like China, the government has opted for a complete ban of cryptocurrency trading activities while in the US, the industry is largely unregulated. But things seem to be different in Europe. In a country like France, the government is striking middle ground and is considering regulating the industry. In so doing, France is on its way to rank among the first major economies to regulate initial coin offerings (ICOs). ICO Success This approach to ICOs has seen Europe rise rapidly to become a global hub for cryptocurrencies with high amounts of funding streaming into cryptocurrency projects. This year alone, cumulative ICO financing stands at approximately $4.1 billion in Europe. This ... Read More »

What Factors are Driving ICO Financing in the European Market?

  By David Drake   Across the globe, interest in cryptocurrencies has been on the rise. Europe, especially, is quickly developing into a hub for cryptocurrencies with a substantial amount of money being invested in the industry through initial coin offerings (ICOs). This year alone, the amount raised through the sale of tokens in Europe has almost surpassed that of Asia and U.S combined. Fundraising though European ICOs is estimated to have hit the $4.1 billion, nearly twice the $2.3 billion raised in Asia, and considerably more than the $2.6 billion in the U.S market this year. The probable reasons leading to Europe’s huge interest in ICOs include progressive regulations, economic independence and the rising development among others. The Gaps The absence of clear regulations to guide the cryptocurrency industry is among the key factors that hinder the growth for ICOs in Asia and the U.S. The outright ban of ... Read More »

2 Effective Tactics Europe is Using to Increase ICO Investment in the Region

  By David Drake   Initial Coin Offerings (ICOs) have taken off as the prefered way for raising project funds for cryptocurrency related startups compared to the red-taped, costly Initial Public Offerings (IPOs). Token sales in the first nine months of the year have hit the $12.3 billion mark, doubling the amount raised during the whole of 2017. With the increased funding, the race is on as countries aim to develop their own digital asset economies. An emerging region that has been leading in this industry is Europe. According to a report dubbed ‘State of the Token Market’ released  last week by Fabric Ventures, approximately $4.1 billion has been raised through ICOs in the region. This amount is quite high compared to the $2.3 billion and $ 2.6 billion raised in Asia and the United States, respectively. So, what factors could be could be boosting ICO investments in Europe: 1.  ... Read More »

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