Potential for the SEC to regulate ICO's

in ico •  7 years ago 

The SEC issued a set of investigative report findings on the 25th, warning that "offers and sales of digital assets by "virtual" organizations are subject to the requirements of the federal securities laws". Basically ICO's are to be considered securities, and anyone investing needs to provided with the "essential facts behind any investment opportunity".

The full release can be found here:
https://www.sec.gov/news/press-release/2017-131

What do people think of this? Regulation of crypto through the side door?

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