FAL WIRE

As the debate over whether digital tokens are securities continues, an equally critical regulatory issue often goes overlooked: money transmission compliance. This in-depth analysis explores how federal and state money transmitter laws impact token-driven blockchain startups, the risks of operating under legacy regulatory frameworks, and why the proposed Blockchain Regulatory Certainty Act could be a crucial step toward enabling innovation while maintaining compliance.

The End of the ICO Honeymoon With the Initial Coin Offering (ICO) 'honeymoon' brought to a slowdown by US regulatory action, the true effect of the ICO boom has been laid bare. 2017 saw the peak in ICO activity, with issuers raising substantial funds on the back of tokens minted with nothing underpinned other than the bold promises of management and a unique digital token. In essence, these ICO investors invested in nothing more than tokens rendered authentic and unique by b