Author

Michael Huertas

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What does this mean for investors and firms involved in ICOs? ICOs come in different sizes and forms. They also offer different risk exposures to different business models across different jurisdictions and their legal systems. The rapid development of ICOs and the rapid expansion of cryptocurrency has caused concern amongst policymakers and supervisors. A key driving force for that concern is that much of the activity lies beyond the existing ‘regulatory perimeter’ and thus presently…