Digital Tokens — What are They and Why Do They Matter?
Markets are buzzing about blockchain and cryptocurrency, but as initial coin offerings (ICOs) have exploded onto the scene as a fund-raising device for early-stage companies, regulators have taken notice and directed stern warnings to just about everyone involved.
In this Expert Insight, Jim Walker (Partner and General Counsel, Richards Kibbe & Orbe) takes a step back to unpack what exactly we're talking about when we say "cryptocurrency," and breaks down the process and substance of initial coin offerings.
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