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ICO central

October 6th, 2017
"My optimism wears heavy boots and is loud." – Henry Rollins
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THE FEATURE

ICO Central: Why Switzerland Will Remain Crypto Valley

 
China. South Korea.

One name that it seems won't be added to the list of countries banning token sales is Switzerland. But while it's widely regarded as a haven for the practice, our perception of the reality on the ground is challenged in a new CoinDesk opinion piece.

Challenging the stereotype of Switzerland as a free-for-all of reckless capitalism, Ian Simpson of Lakeside Partners, a VC firm based in Zug, describes an early community of dedicated blockchain builders who have rigorously sought to defend the practice and its values.

Rather, Simpson seeks to portray the community as one that is not only conscious of the downside risks (findings its own way of weeding out scammers), but that has a rational perspective on the path ahead.

After all, as Simpson argues, Switzerland can't be a haven in isolation.

Looking ahead, then, it may prove interesting to see how the local industry will respond, and if the wider world will listen.
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ICO Central: Why Switzerland Will Remain Crypto Valley
Switzerland is poised to remain a hotbed of ICO activity, despite regulatory actions. But it should not try to be the only hub, writes Ian Simpson.

Swiss Public University Begins Accepting Bitcoin
Switzerland's Lucerne University of Applied Sciences and Arts has announced that it will accept bitcoin as payment for student expenses.

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A senior official at asset management giant BlackRock said this week that he doesn't see the case for a bitcoin exchange-traded fund (ETF).

Wikipedia Founder: ICOs Can Be 'Absolute Scams'
Wikipedia founder Jimmy Wales told CNBC that investors should be "very wary" of ICOs, which he referred to as "absolute scams."

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Malaysia's Central Bank Is Considering a Cryptocurrency Ban
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