capital-market mechanisms. Crowdfunding is another alternative that helps enterprises to raise fund. Presently, there are three approved funding portals and several entities have expressed interest to
summarized below: (1) Allowing funding portals to register as a bondholders’ representative, limited to the bonds issued through their platform, to support the issuance of secured bonds via
The amended rules on approval of ICO portals give the applicants more flexibility and reduce risk on developing/investing in high-cost work systems while the approval process is underway
draft prospectus and approval from the SEC. In addition, such offering must be made through the SEC-recognized ICO portals. This public hearing covers key issues in this matter, e.g., approval rules
companies and limited companies to raise fund through crowdfunding portals approved by the SEC. The crowdfunding portals will screen the companies intending to raise fund through their facilities; require
approval as an ICO Portal of Longroot, effective on 5 August 2024.In any case, the SEC is responsible for overseeing that ICO portals comply with relevant regulations and maintain the qualifications
operators, and ICO portals, as well as representatives from TCM-CERT and the SEC, participated in the exercise. The event also welcomed representatives from the National Cybersecurity Agency, the Office of
comply with international standards. In addition, to enhance protection of investors’ interest, SEC is proposing to revise the regulations related to ICO portals including the approval process, IT
invest in such products should proceed with extra caution since:(1) The product above has not been screened with regard to its qualifications and smart contracts by SEC-approved ICO portals; (2