Making Sense of a Wild Week in Cryptocurrency

While developments in the burgeoning blockchain technology and cryptocurrency industry typically come at a breakneck pace, last week was marked by  particularly significant news. On consecutive days, the U.S. Securities and Exchange Commission (SEC) announced its position on certain initial coin offerings and token offerings as well as sales through blockchain or distributed ledger technology, a global digital currency exchange was hit with a significant fine for its failure to comply with U.S. law, and a local court decision highlighted [...]