Global Gaming Technologies Corp. (BLKCF)

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EU Mulls Regulations for The Initial Coin Offerings Space – Over the last two years, there have been reports of Initial Coin Offering exit scams that have gone dark with total investments in the region of $96.8 million. According to Diar, a blockchain intelligence firm, the Initial Coin Offerings space has become very lucrative as wealthy investors rush to snap up deals. However, scammers have discovered the possibility of cheating out fortunes in the space, a phenomenon which the European Union seeks to remedy. As reported by Coindesk, a Member of the European Parliament “wrote a draft report on proposed regulations for Europe’s crowdfunding platform…” This framework provides an opportunity for the relevant authorities in Europe to regulate token sales. Read more: https://marketexclusive.com/eu-mulls-regulations-for-the-initial-coin-offerings-space/2018/08/