Alternative Trading Systems and Crypto: What Does it Mean?

If you were anywhere in or around the crypto-sphere in 2017 you might have been wondering what in the world was going on. Securities, re-branded as tokens, were being sold to anyone that knew how to spend cryptocurrency in unregistered offerings called Initial Coin Offerings (ICOs). Millions of dollars were being raised on hopes, dreams, and the infamous whitepaper. [1]Source: ICOdata.io If you stopped and asked where were the regulators you may have heard something along the lines of “where we’re going, we won’t need regulators”. That was 2017. Regulatory agencies, such as the SEC, were not asleep at the wheel and they have been busy this year demonstrating just that. Do they move slowly? Sure, but they do move. One of the most recent movements we have seen pertains to cryptocurrency exchanges such as Coinbase, Circle, and Bittrex. While these exchanges may require users to supply identifiable information when creating an account, they are not…

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