ICO Radio

In a recent speech Bank of England Governor Mark Carney said that crypto assets are not and cannot be money - but they must now be regulated and become a fully fledged part of the financial system nonetheless.  It turns out the European Banking Authority has a very different plan - and says otherwise and that over-regulation is a bad idea. Innovation should be supported and encouraged to flourish! The SEC says there's no such thing as a token which doesn't look like a security - and seeks to regulate everything in sight.  Meanwhile the Swiss regulator (not to mention the state of Wyoming) clearly recognises digital tokens based on blockchain technology can have a range of purposes and represent a range of things including services (or utilities) and assets. Central banks and regulators may all be used to being the authority, setting the rules for everyone else, but - in this globalised world they can't all be right! So who's view will win out? Well given that this is a darwinian battle the answer is simple