Once again, I am promoting MIT Tech Reviews Chain newsletter. Lots of useful introductory links in their newsletter link below. I won't do this forever, suggest you subscribe at the link. Lots of breaking news here. I note again, because it has created confusion: Blockchains, and more broadly stated Distributed Ledgers, are technologies that are used to implement cryptocurrencies ... the are NOT the same thing. Note below emerging regulation SEC movement on cryptocurrencies.
Chain Letter: Are we approaching a Cryptocurrency 'Winter'?
Blockchains, cryptocurrencies, and why they matter
11.20: Turning over a new leaf
Welcome to Chain Letter! Great to have you. Here’s what’s new in the world of blockchains and cryptocurrencies. .....
The ICO is probably dead. The US Securities and Exchange Commission sent shockwaves through the cryptocurrency world on Friday with an announcement that it has settled charges against a pair of companies for conducting illegal digital token sales. The two initial coin offering (ICO) projects, called Airfox and Paragon, resemble many others that have occurred during the past two years. That probably means more busts are on their way.
The SEC has already cracked down on a few ICOs, but these charges are the first that did not involve charges of fraud as well. Airfox and Paragon simply failed to register with the SEC before selling their tokens, which the agency says are not exempt from regulations that govern traditional securities investments like stocks and bonds. That’s important, because it appears the agency has developed a template for future prosecutions, writes Stephen Palley, a lawyer at the DC firm Anderson Kill. ... "
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment