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
The problem with this regulation that will for sure be put in a motion in the other countries is that it will probably make it difficult for new promising ICOs that ain't scam to make a progress trough and push their plans till the very end. I support this regulation from the Swiss but that will bring the new problems.
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Many developers don't have enough financial support to push their projects till the very end and this regulation will maybe require even more money that they won't have. Investors also won't recognize the projects because they won't have enough of the needed advertisement. It is up to us to wait and see how will this regulation change the future possibilities of the cryptocurrencies in the development phase.