India is likely to soften its stand on cryptocurrencies while giving them legal status but under strict regulatory measures.

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Messari, an open-source cryptocurrency-focused version of the U.S. Securities and Exchange Commission’s EDGAR database, is launching a disclosure registry for token-issuing projects to publicly share information that might otherwise be difficult to find.

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US regulator the Securities and Exchange Commission (SEC) repeated calls for ICO token issuers to comply with securities laws November 16 as it enforced penalties against Paragon and AirFox.

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