Goodbye ICOs, hello ILPs?

The gold-rush mentality currently surrounding the use of initial coin offerings (ICOs) has at times led to projects being used irresponsibly and investors suffering harm as a result. To date, no jurisdiction has provided a bespoke set of legal and technical controls to manage this risk. Instead, some have acted retrospectively by either banning ICOs or applying existing regulatory frameworks relating to other asset classes that are not necessarily compatible.

To avoid an innovative and disruptive space being stifled, whilst offering protections to investors, regulators must act swiftly or risk losing opportunities to newly envisaged ‘Crypto Nations’.

Source: careyolsen.com