“ The single biggest problem in communication is the illusion that it has taken place.” George Bernard Shaw
The development of blockchain and crypto technology is accelerating at a staggering pace. A crucial, sometimes overlooked function of acceptance of this new world is making it understood and accessible to everyone. So what’s the problem, don’t you get it? This question all too often provokes an outpouring of technical explanations and buzzwords, which leave the “man in the street” looking blank.
Having spent many years articulating the complexities of taxation to those who don’t grasp them but need to know, I…
“SECURITIES” — TO BE OR NOT TO BE — WHAT IS THE QUESTION?
ARE CRYPTOCURRENCIES “SECURITIES”? WHY DOES IT MATTER?
Author: Borys Bodnar
One of the hot debates today in the world of cryptocurrencies and ICOs is whether a token or a cryptocurrency is considered a “Security”. As governments and their regulatory authorities battle to understand the world of fintech and cryptocurrency, this is becoming an ever-more-important question, bringing with it regulatory obligations and potentially crippling sanctions.
In this article we’ll introduce the key concepts, the relevance and importance of how the various units are considered, by whom and with…