2020-02-07
SEC Commissioner Hester Peirce wants to give legitimate crypto projects a shot at success by having a three-year grace period before having to worry about the regulatory regime 👍 https://www.coindesk.com/...
CoinDesk
SEC commissioner proposes a three-year grace period from a startup's first token sale to achieving a level of decentralization sufficient to pass SEC evaluation
it wld need coordination w/ states tho, bc SEC has no jurisdiction over property that's not securities—that's states' jurisdiction. During grace period tokens wld be property (not ...
2019-10-16
San Francisco-based Layer1 announced it has raised $50 million from billionaire Peter Thiel and others to move forward with its plan to make Texas the global hub of Bitcoin mining! https://fortune.com/...
Fortune
Layer1 raises $50M from Peter Thiel and others at $200M valuation for a planned wind energy-backed bitcoin mining operation in Texas using custom cooling tech
Jeff John Roberts / Fortune :