Coinlaw Podcast – Eamon Walsh

Podcast Regulations Security Tokens

“Lawyers need to see blockchain as an opportunity” – says Eamon Walsh, the head of compliance at Tokeny, a leading FinTech company in the security token space

Key Outtakes:

  • As blockchain technology is further embraced and used more widely, some of this legislation is going to line up more seamlessly.
  • Regulators are always going to need some form of oversight. The biggest thing for them is to have a responsible party, so if a blockchain fails, they will have someone for the ax to fall on.
  • The programmability is the real big benefit of security tokens, because it allows us to code in the compliance rules straight into the token and therefore it creates a much easier transferability.
  • Tokens are securities and issuing a security is a complex activity that involves many duties, both to your investors and to the regulators. Founders shouldn’t expect this to be just a simple, easy way to raise funds.
  • Lawyers need to see blockchain as an opportunity. They need to look at the bigger picture – this is a huge new emerging technology, and market, and it’s going to provide a lot of opportunities for navigating new legal waters.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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