The rise in popularity of the initial coin offering (ICO) funding mechanism, and potential for associated fraud, could lead regulators to come down hard on cryptocurrencies broadly. That's according to a former regulator, one who, as the first-ever superintendent of the New York State Department of Financial Services, the state agency that regulates financial services and products, was among the first globally to attempt to regulate bitcoin.
"A big open question is, if ICOs get very out of control," it could result in "a backlash against the entire bitcoin and crypto ecosystem," Benjamin Lawsky said Monday at Money2020 in Las Vegas.
Het artikel lees je hier verder.
Reactie plaatsen
Reacties