20 Nov 2017

Brave new world of Initial Coin Offerings

From Nine To Noon, 9:32 am on 20 November 2017

Financial watchdogs around are issuing warnings about the risks of Initial Coin Offerings, more commonly called ICOs. These involve start-up companies issuing digital "tokens" or "coins" to investors to generate capital. ICOs have become hugely popular in 2017 generating billions for companies. But what are the pitfalls for investors and what is the Financial Markets Authority in NZ advising to keep consumers safe.