KUALA LUMPUR - Startups are relying on cryptocurrency to raise funds, but what are the risks to investors? Initial coin offerings (ICOs) are irritating capital market regulators around the world. Start-ups are launching new ICOs almost every day, seeking to raise millions to fund their projects via the use of a new cryptocurrency. For starters, you need to have dabbled in bitcoin, the unregulated digital currency with a market capitalisation of around US$53 billion today. So, it is not exactly mainstream investors who would participate in ICOs, but then again, this could be changing.

Source: The China Post August 08, 2017 03:56 UTC