Guest Opinion Piece: SEC & Ethereum – Short-term Pain for Long-term Gains
by Mauricio Di Bartolomeo
August 1, 2017
If you have been exposed to capital markets and/or the Initial Coin Offering (ICO) phenomenon, you probably agree that there needs to be some basic degree of regulation or “ground rules” to protect retail investors from fraud. The Securities and Exchange Commission (SEC) published a bulletin on ICOs on July 25th, 2017, suggesting that some may be deemed securities. The price of Ether has been down since the announcement, but as the fast money runs for cover, regulation paves the way for bigger and better participants.