SEC Weighs In on ICO Tokens as Securities Ether Still Labeled Currency

It was only a matter of time before the U.S. Securities and Exchange Commission SEC moved in on the Wild West world of Initial Coin Offerings ICOs, which has sent the blockchain world reeling. Yesterday, it finally did with its announcement that virtual tokens like the ones sold by the DAO are securities and now subject to federal securities laws.The SEC statements reads in part federal securities laws apply to those who offer and sell securities in the United States, regardless whether the i

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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