Joseph Lubin, co-founder of Ethereum and CEO of Consensys, said that U.S. regulators will see that “decentralized protocols, blockchain, cryptocurrencies are consistent with American ideals.” Regulators have responded by claiming that most cryptocurrency tokens are securities and that cryptocurrency companies need to first register with the regulator before selling them. He also predicted that with prior technologies such as the Internet, networking and cryptography, "sane minds will prevail."
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Joseph Lubin, co-founder of Ethereum and CEO of Consensys, said that U.S. regulators will see that “decentralized protocols, blockchain, cryptocurrencies are consistent with American ideals.” Regulators have responded by claiming that most cryptocurrency tokens are securities and that cryptocurrency companies need to first register with the regulator before selling them. He also predicted that with prior technologies such as the Internet, networking and cryptography, "sane minds will prevail."
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