The ICO Conundrum: A Challenge Beyond the SEC MandateInitial coin offerings have been in the news quite a bit in recent months, as blockchain and digital currency startups have become increasingly reliant on them for their capital formation needs. By some estimates, more than 4 billion dollars in capital have been raised using this funding mechanism. The fact is that ICOs have become an increasingly popular option for raising capital. However, that popularity has been accompanied by increased government scrutiny.
Yes, ICOs are a controversial funding option. And that leaves the cryptocurrency industry with a conundrum that must be addressed – and soon. With regulators turning a watchful eye to these initial coin offerings, wisdom behooves each of us to ask that most basic of questions: are ICOs a good or bad thing for our businesses?
The World’s Reaction to ICOsThough the world’s governments were slow to react to this sudden explosion in the use of ICOs, they have started to take notice – and that has meant new challenges for...
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https://dcebrief.com/the-ico-conundrum-a-challenge-beyond-the-sec-mandate/
