Hi all,
just want to throw out a question.
Whats your opinion on the regulation of cryptos to a securities status (global scenario) ?As an example, in Switzerland the financial regulatory agengy FINMA has set regulations that will limit the possibilities for new ICO's and provide more safety for investors.
(see:
https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/)
Resumed, I think it will be good for the market and future of ICO's but others think it will suffocate new startups. I would be very interested in some opinions on the subject.
Thanks
With the current increase in the scams and worst case scenarios of the ICO im sure implementing fewer regulations or more wouldn't be bad idea. Regulatign something is always taken as something bad happening or something with which the regulated stuff will get destroyed. But its not the case always. Many times regulations can bring fruitful results for the sake of investment and our own security by providing the extra law enforcement for us.
Switzerland has always been good player in regulating their own money and obviously money that is being driven from external countries. However crypto currencies is blessing for them and they know it very well that its worth supporting it.