Cryptocurrencies: Securities Law Implications

Securities markets around the world are grappling with new concerns: As fintechs make cryptocurrency offerings such as Initial Coin Offerings (ICOs), Initial Token Offerings (ITOs) or other digital token offerings, there are various securities regulatory issues that have been grabbing much attention. Response across the globe has been varied - the United States and Singapore securities regulatory authorities would like to engage in a framework that controls, but does not restrain cryptocurrencies, Japan seems to be geared up to introduce a stringent oversight on cryptocurrencies, while China has gone a step further and imposed a complete ban on cryptocurrency offerings and exchanges in its jurisdiction.