Is an ICO a Sale of Securities? An Analysis of the DAO offering – Link to Duke Article

A piece I wrote on the regulatory treatment of initial coin offerings just got published on the Duke Global Financial Markets Centre, Fin Reg blog.  See link here:

https://sites.duke.edu/thefinregblog/2017/08/24/is-an-ico-a-sale-of-securities-an-analysis-of-the-dao-offering/

Interestingly enough, on the same day that my piece got published, Canadian Securities Administrators took a similar stance.

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