SEC FinHub Key To Compliant ICOs states Republic CEO Ken Nguyen

  Last week, the SEC announced the creation of FinHub in an effort to foster greater communication and understanding with emerging technology startups, such as blockchain companies going through ICOs.     Ken Nguyen, CEO of AngelList-backed Republic, believes that this move will bring greater clarity in what constitutes in as a compliant ICO without compromising investor protection. Republic has so far been the only compliant way for retail non-accredited investors to back and invest in the blockchain projects that they love.       Kendrick Nguyen, CEO of Republic:…

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Crypto Execs React to Roubini’s “Damning” & “Disheartening” Senate Hearing

This morning, renowned economist Nouriel Roubini and CoinCenter director of research Peter Van Valkenburg testified before the U.S. Senate Committee to discuss the cryptocurrency and blockchain ecosystem.   “Doctor Doom” rattled his grievances with crypto, calling it “the mother or father of all scams and bubbles” and dubbing blockchain as a “glorified database.” He also claims that no one uses these technologies besides criminals and those who plot terrorist acts, stating that blockchain creates environmental damage, that crypto is not scalable, and that decentralization is a farce.   Blockchain and…

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Judge Rules ICOs as Securities, So What Now for the ICO Market?

A federal judge ruled that U.S. securities laws cover initial coin offerings. Below, experts from blockchain legal advisory Ketsal Consulting, AngelList-backed crowdfunding platform Republic, and deep tech venture capital firm COSIMO Ventures comments on the ruling from their various perspectives.   Generally, the experts agree that the ruling does not affect the ICO market participants very much. At the end of the day, ICOs will be judged on a case-by-case basis, depending mostly on whether it passes the HOWIE test.     James Blakemore, Principal of Blakemore Fallon and Co-Founder of…

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