With significant discrepancy between The DAO and virtual good-esque ICOs, we can expect the latter to be safe from the vice grip of US regulators for the foreseeable future. Entrepreneurs can still look towards ICOs as potential opportunities post the investigative report – but keep an eye out for further developments.
When the US government does get behind a blockchain initiative, the impact it will have will be tremendous. Thus, from this conference a glimpse of both immense destruction and creation on the horizon could be seen.
The representatives of nation-states often refer to their attacks on the crypto-heavy darknet as a war on drugs. In practice it’s a war on their populations, but there’s probably some benefit in playing along with the martial terminology. Let’s apply a little history – both the bang-bang kind and the crypto kind – to this Dutch/Fed/also-ran takedown of Hansa and AlphaBay.
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Yesterday Crypto Insider published a roundup of recent articles with practical advice to Initial Coin Offering (ICO) planners. The difference between your ICO and an IPO must be “BIG,” noted one of the articles, “or the SEC will come after you!” Later in the day the SEC said that ICOs should be subject to the same safeguards required in traditional securities sales.
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