The Week In Bitcoin - Issue #99: More Regulators Talk ICOs, Dimon, Dalio And Buffet Have A View On Bitcoin, A PRISM Review & More

I've included a fair few articles this week - so brace yourself!🇦🇺 From an Aussie perspective, ASIC,
The Week In Bitcoin
The Week In Bitcoin - Issue #99: More Regulators Talk ICOs, Dimon, Dalio And Buffet Have A View On Bitcoin, A PRISM Review & More
By Alan Tsen • Issue #99 • View online
I’ve included a fair few articles this week - so brace yourself!
🇦🇺 From an Aussie perspective, ASIC, our corporate regulator released an information sheet on ICOs. It’s better than expected - in terms of quality. Although, as you’d expect, it’s not going to answer all your burning legal questions regarding running an ICO. However, it does a neat job of flagging some of the overarching issues you should be thinking through if you’re thinking of spinning up an ICO. Overall, this is a solid piece of work. Nicely done ASIC!
🤔 You’ll notice I’m heavy on ICO reading this week. This is mainly because there is an unusual degree of intelligence exhibited in the writing on the topic - I’m fairly sure it won’t last. 
📊 Also, have a read of the PRISM review - I’m curious as to how products like this go. There is definitely an emerging space in the market for portfolio management of tokens and doing it with a smart contract is very interesting. 
👉 Got some interesting news (which is not an ICO scam) I should include in my newsletter? DM slide me on the Twitters, Snap or Insta (I’m @alantsen across the distributed world wide web of social).
— Alan Tsen 👊💯
Ps. If you like what I’m doing here please feel free to share it on your favourite social media network. Also, it’d be great if you forwarded this newsletter to a friend you think might enjoy it.

News This Week
Since its 2009 inception, bitcoin has witnessed a steady evolution in terms of its development and adoption. With each passing day, innovations are being unleashed, fueling a new normal for digital currency and the blockchain technology that undergirds it.
btcmanager.com  •  Share
This information sheet (INFO 225) gives guidance about the potential application of the Corporations Act 2001 (Corporations Act) to businesses that are considering raising funds through an initial coin offering (ICO). This information sheet covers:
asic.gov.au  •  Share
Big 4 'Innovation'
The Big 4 innovating... like it's 2013 😂
The Big 4 innovating... like it's 2013 😂
The Securities and Exchange Commission today charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds.
www.sec.gov  •  Share
This week, after a few more calls with startups that are turning into wannabe ICO issuers and most of all after seeing yet another major VC-backed company planning an ICO, I started questioning the…
tokeneconomy.co  •  Share
In 2015 there was a smaller market for ICOs, where a million dollar sale was a rarity. Only a few of the most visible projects were raising sums in the millions. Then in 2016 the DAO raised over…
medium.com  •  Share
The acting comptroller of the currency for the U.S. Treasury Department has said he is open to the idea that a new breed of banks might one day conduct business in bitcoin and other cryptocurrencies.
www.coindesk.com  •  Share
Bitcoin has risen from an obscure experiment in cryptography to the topic du jour among the masters of the financial universe in a few short years. These days, if you’re a business bigwig, you’d better be prepared with a considered view on bitcoin and the technical idea that animates it, the blockchain, before donning a…
qz.com  •  Share
There’s one incredible feature of cryptocurrencies that almost everyone seems to have missed, including Satoshi himself. But it’s there, hidden away, steadily gathering power like a hurricane far out…
hackernoon.com  •  Share
Those of you in Cryptosphere know all about ShapeShift and the many great things Erik Voorhees and his team bring… by moxi
steemit.com  •  Share
A US dollar-backed token has been announced for Ethereum, but regulators will eventually clamp down on the centralized entity behind the token.
www.forbes.com  •  Share
In the past 3 weeks, news that the Chinese government was cracking down on ICOs and forcing cryptocurrency exchanges to halt trading has sent the markets tanking. Trading volumes on the…
medium.com  •  Share
A decentralized exchange has some combination of decentralized properties. At the moment this most likely means some mix of 1) on-blockchain trade clearing, 2) ability for users to retain control of…
medium.com  •  Share
Recently, an increasing number of crypto market participants and observers have become interested in a framework for valuing cryptoassets. Over the years many a dinosaur has proclaimed bitcoin…
medium.com  •  Share
Bitcoin has Segwit now! Woohoo! Whether you believe this is thanks to UASF (it is) or because of some closed, backdoor meeting with 12 participants (which ended up with 50 who subsequently signed…
medium.com  •  Share
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Alan Tsen
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