The political limits of commerce -- Telegram's $1.7B US offering and NBA's $1.5B China deal; plus 13 short takes on top developments
lex.substack.com
Hi Fintech futurists -- In the long take this week, I look at the boundaries that Telegram and EOS have crashed into in the US with recent SEC actions and lawsuits, and the melting of Facebook Libra. There have been a number of interesting regulatory moves recently, and the positive headlines of 2017 have become the negative headlines of 2019. How does SEC jurisdiction reach foreign institutional investors? We also touch on the $1.5 billion NBA distribution deal now on the fence in China, and how US companies are under the speech jurisdiction of a foreign nation. How does China reach American protected speech? Through pressure, boycott, and economics.
The political limits of commerce -- Telegram's $1.7B US offering and NBA's $1.5B China deal; plus 13 short takes on top developments
The political limits of commerce …
The political limits of commerce -- Telegram's $1.7B US offering and NBA's $1.5B China deal; plus 13 short takes on top developments
Hi Fintech futurists -- In the long take this week, I look at the boundaries that Telegram and EOS have crashed into in the US with recent SEC actions and lawsuits, and the melting of Facebook Libra. There have been a number of interesting regulatory moves recently, and the positive headlines of 2017 have become the negative headlines of 2019. How does SEC jurisdiction reach foreign institutional investors? We also touch on the $1.5 billion NBA distribution deal now on the fence in China, and how US companies are under the speech jurisdiction of a foreign nation. How does China reach American protected speech? Through pressure, boycott, and economics.