Recent buzz around cryptocurrency, initial coin offerings (ICOs), and blockchain technology has sowed confusion among many market participants about the impact of this new technology on the asset management industry. This article discusses the current regulatory state of play and how this innovative technology is likely to play out in the registered funds space. In particular, it discusses the current barriers to investment in cryptocurrencies, tokens, and ICOs by registered investment companies. It also addresses several of the questions posed by regulators as they seek to wrestle this rapidly innovating and disruptive technology into conformity with existing law. At the current time, none of these instruments are viable investments for registered investment companies. The underlying technology, however, has been used by some fund families and will likely continue to be adopted across the industry. Click here to read the full article.