EU Weighs ICO Risk-Reward To Ease Capital Markets Pain
Law360, London (September 15, 2017, 7:36 PM BST) -- The emergence of initial coin offerings, which promise investors huge returns through digital currency instead of stock, may be the unlikely answer to jump-starting Europe's sluggish capital markets, giving regulators the first test of their pledge to take a hands-off approach to fintech.
The trend for initial coin offerings has boomed as technology companies create new digital currencies similar to bitcoin, whose logo is pictured. (AP) U.K. and EU regulators told Law360 they are scrutinizing the ICO trend, which has exploded in recent months as technology companies create new digital currencies, similar to bitcoin, and offer them to external investors. The...
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