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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EU Finance Ministers in no rush to further regulate Crypto Market

European Finance Ministers confirmed that they will not rush to further regulate the crypto market in the EU. Having met in Vienna on Saturday, EU Finance Ministers revealed they plan to wait for the outcome of a thorough analysis by European authorities before deciding on next steps, and believe crypto assets don’t currently threaten the financial system — a revelation that comes ten years after the collapse of Lehman Brothers on 15th September 2008 and the unfolding of the global financial crisis.     Addressing how the EU has previously…

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Deep Technology Venture Firm Launches COSIMO X Tokenized VC Fund

  Fund Offers Increased Liquidity & Access to Up-And-Coming Pre-Seed & Pre-ICO Projects in Blockchain, AI, AR/VR, Cybersecurity and IoT   Boston, MA — September 6, 2018 — COSIMO Ventures, a leading global venture capital (VC) firm, announced the launch of COSIMO X: an evergreen, tokenized VC fund focusing on early-stage deep tech companies with a particular concentration on blockchain technology, spanning industries such as artificial intelligence, AR/VR, IoT, and cybersecurity. COSIMO X is structured to provide enhanced liquidity for investors along with increased access to the VC asset class…

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