Vitalik Buterin, the co-founder of Ethereum, has been vocal about the lack of incentives for public open-source projects and developers contributing to the open-source codebase of Ethereum and its scaling solutions. Core developers for public blockchai…
According to Gil Penchina a partner at IDG Ventures and Flight.vc, the US Securities and Exchange Commission is in support of initial coin offerings (ICOs) that do not fall under the definition of securities. In a column, Penchina provided insights into the current state of the ICO market and the legality of specific projects such […]
This post The SEC is in Support of ICOs That Do Not Fall Under the Definition of Securities first appeared on Coinjournal.
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.