Lately there's been a lot of talk about regulation. What about ICO's?
What do you see with the ones complying with governments? It seems to be a big play longevity wise.
For ex. Unikrn got their Malta license, making esports fiat wagering legal in most of europe. Does this pave the way for future ico's? Should this be an indicator of a good, trustworthy ico?
More info:
https://www.coindesk.com/regulated-cryptocurrency-betting-just-got-big-boost-europe/it depends on the type of token, and the industry. it seems like those guys got a license to gamble/esport; i wonder will it be required to register as a fund collecting entity with ones repsective government. these ICOs have undoubtedly been used to wash tainted coins; fuck a mixer, you can get a whole different type of coin, with little to nothing in the way of AML/KYC. if people are going to be conduits for this much money, they will have to behave as money transmitters, as essentially they are acting as a currency exchanger.
we wont like bitcoin so much after they have their way with it. but, it will be ready for mainstream and here to stay once that happens.
but security tokens need a license so far. utility tokens, not so much.