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A comment on Former Harvard Money Manager Is Launching a Digital-Currency Hedge Fund. Parent comment

Re:Former Harvard Money Manager Is Launching a Digital-Curre... by SkyMarshal on Friday August 18, 2017 @01:21PM (#15048036)
It's also offshore b/c non-US ICO's don't want exposure to "SEC risk" due to taking money from US investors. The fund will lose potential deal flow if it's US-based. This is a concern in the industry right now.
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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by branchless on Friday August 18, 2017 @03:02PM (#15048870)
It's not in the USA because of that. But it's in the UK because they don't prosecute any financial crimes.
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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by aphextron on Friday August 18, 2017 @03:22PM (#15049007)
>It's also offshore b/c non-US ICO's don't want exposure to "SEC risk"

Can't be dealing with all those pesky "laws"!

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Re:Former Harvard Money Manager Is Launching a Digital-Curre... by mhluongo on Friday August 18, 2017 @03:44PM (#15049155)
The rest of the world has laws too. International banks and other players in finance also struggle with the regulatory burden that comes with accepting US customers.
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