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News and Events

Matt Gold and David Kelman Author Article on the Future of Cryptocurrencies for The Globe and Mail

Publish: 01/10/2018

The article "A Reckoning is Coming, but Cryptocurrencies Are Here to Stay," authored by Matt Gold and David Kelman has been published by The Globe and Mail.

This article takes a look at the current state of cyptocurrency in Canada: investors willing to forgo transparency and security for the enormous profit potential of digital tokens; the limited amount of guidance for participants looking to stay on the right side of the law; looming government intervention; and a desire to balance the need to innovate with the need to protect.

Write Matt and David: "For now, greed is trumping logic, but for how long? How long until the hype fades, a number of ICOs fail (or turn out to be the frauds many believe them to be), and investors lose money and faith? A reckoning is coming – but this is not the death knell of cryptocurrencies. A regulatory scheme to govern the actions of token issuers and investors will unlock the longevity of the cryptocurrency market as it inevitably matures."

Read the full article here.