Editor’s note: Mergers & Money is a monthly column by Senior Reporter Chris Metinko that covers dealmaking and the flow of venture capital.
Although crypto historically has tried to shirk some labels—like those of “trend” or “fad”—the industry seems ready for one from the U.S. government.
While most people are fixated on the big declines cryptocurrencies have seen during the current “crypto winter,” perhaps the most interesting turn in the industry happened last month when the U.S. Securities and Exchange Commission filed an insider trading case against a Coinbase manager and two others who declared nine digital assets on the exchange platform were securities.
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Why does that matter? Because it made what was murky even more opaque in terms of how the U.S. will categorize crypto and which agency will regulate it.
Commodity vs. security
It’s probably...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...