‘You can hear the panic in the bankers’ voices’ says Tim Draper

IMG_7483

Most advice around ICOs tends to center on researching the team or project themselves, but Draper favors a different approach.

The never-ending debate is if Bitcoin is a universal currency. I attend the final session of the Blockchain Economic Forum in San Francisco, where venture capitalist Tim Draper was interviewed by former Obama administration CFTC chairman and current MIT lecturer Gary Gensler.

In a wide-ranging conversation, the pair covered many of the key elements causing so much excitement in the crypto space, and confidence in the future was the running theme.

Continue reading… “‘You can hear the panic in the bankers’ voices’ says Tim Draper”

0

SEC concludes that “initial coin offerings” may be securities

IMG_2990

After an investigation, the Securities and Exchange Commission has concluded that organizations offering or selling digital assets using blockchains or distributed ledgers may be subject to securities laws, depending on the circumstances. This includes “initial coin offerings” (ICOs), a recently popularized crowdfunding method by which an organization issues virtual currencies or tokens.

Continue reading… “SEC concludes that “initial coin offerings” may be securities”

0