Regulators Set Sights On Cryptocurrencies

2017-08-25 08:40:29

The Canadian Securities Administrators seems poised to stake a stab at regulating the murky world of crypto-currencies. So-called Initial Coin Offerings are an emerging form of fundraising for early stage companies. They involve firms selling digital ‘coins’ or ‘tokens’ in exchange for financing. Now, the CSA is deciding if these offerings should be governed by securities law. Chris Horlacher, CEO, Equibit Group talks about how such a change would affect the industry. He speaks with Lily Jamali on “Bloomberg Markets Canada.”

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