Some ICO clarifications will be needed that will surely lead to regulation in the space. I think it is good that they are allowing for gray areas as it will lead to the innovation needed to create the framework needed for the future growth possible in combining the technology with access to capital. We need a fair balance to weed out the scams and bad players in order to establish wider adoption into the commercial mainstream. If not, so many projects will fail to get off the ground running which will ultimately hurt the community of decentralization focus technology.
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