Polymath paving the way for regulation?

[craigpo]

With the SEC meeting today about crypto, can't help but wonder about the future of crypto. One of the projects I'm following wrote a good article talking about that. Thoughts on this?

https://blog.polymath.network/introducing-polymath-core-polymath-js-800b80eea9b

[Ertetert]

They are far behind their competitor from Ambisafe - the Orderbook.

-Orderbook actually holds patent for regulated token technology https://www.newsbtc.com/press-releases/orderbook-announces-one-kind-regulation-aware-protocol-tokenized-securities/
-Orderbook has the best tool set for enabling compliance. They have implemented KYC/AML, Accredited Investor Status check and DocuSign electronic signature. Also they have license for trading bitcoin, ethereum and USD in 50 states.
-Orderbook is now in process of acquiring SEC licenses for public securities offerings and private securities offering.
-Orderbook is actually working decentralized exchange and ICO platform and they have done couple of dozens of ICO's.

They also have a private SAFT round. You could try your luck writing to their telegram support channel or sending them email. They are quite responsive.

[GregoryPorter]

I think they are the first of many that are trying to get ahead of any incoming regulations or implementations of already existing regulations. It's a risk because they may be too early. The benefits they will have over competition by starting now they believe will give them a competitive advantage so it will be interesting to see how this plays out