Strictly Legal - Episode 1: Initial Coin Offerings
China has banned Intial Coin Offerings (ICOs), meanwhile, Canada’s regulators are giving them a big break while outlining their views on the application of securities law to cryptocurrencies. And since the US Securities and Exchange Commission‘s ruled that ICO tokens may be classified as securities, we’ve seen an escalation of regulatory announcements on ICOs.
So, what exactly are ICOs?
This week's guests:
- Lee Schneider, McDermott Will and Emery (formerly at Debevoise & Plimpton LLP)
- Erik Syvertsen, General Counsel, AngelList
Articles:
- "Why Big Business is Racing to Build Blockchains", Fortune (fortune.com/2017/08/22/bitcoin-…ain-cryptocurrency/)
- "Initial Coin Offering means investor caution obligatory", The Economist (www.economist.com/news/business-an…-stands-investor)