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RE: We Need a Few More Countries Doing This!

in #bitcoin7 years ago

I thought the hearing in the US senate on cryptos today went relatively well. I suppose the fact that ICO's are considered securities has some downside, but at least this bring some clarity/legitimacy to the space. Also it was clear that the heads of the SEC and CFTC don't plan on taking hostile action against the space as a whole, rather they recognized its potential. I think this is great news in terms of the effect that US regulation could have on the global market.

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I agree - clarity is good.

But costly regulation will freeze out as many good ICOs as dodgy ones.

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