More Regulations Will Help Legitimize Digital Currencies | CNBC

Bitcoin expert

So just taking a look at the returns we’ve seen in Bitcoin over the last couple of years versus the equity markets that Don just pointed out. James I know one of the things you are saying here in your note that a long-term investor should buy all of these dips as part of their portfolio and just never look at them again. Bitcoin is not a penny stock it’s not something you buy one day and sell the next day for little gains, you have to be a long-term…

South Korea’s Policy Chief Calls for Legalization of ICOs

  The chairman of Korea’s National Policy Committee has called for the legalization of initial coin offerings (ICOs), provided that a regulatory framework is put in place. According to a report from CoinDesk Korea on Tuesday, Min Byung-Doo, who is a member of the country’s governing Democratic party, said that, with token sales becoming a global trend, “I do not want the ICO door closed completely … The state should not ignore [the issue].” The policy chief spoke earlier Tuesday during 8th plenary session of the National Assembly, at which lawmakers…