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Patchwork Crypto Laws Offers ICOs Opportunity, If Not Clarity

Bloomberg Markets

22 Feb 2018

It’s still unclear which regulations apply to initial coin offerings when tokens aren’t classified as securities, and, according to F. Dario De Martino in the Bloomberg Markets article “Patchwork Crypto Laws Offers ICOs Opportunity, If Not Clarity,” it’s important to have sound legal advice in order to avoid non-compliance.

“Since blockchain tokens are not a homogeneous asset class -- they may feature characteristics of securities, commodities, currency units, or a combination thereof -- and affect markets that span national borders, there is a significant amount of uncertainty and a critical need for legal experts to offer unequivocal advice,” he said.

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