SEC just issues possible dagger to Crypto..
- Thread starter Dead Money
- Start date
Guess we will see
Guess we will see
You get Big Brother Government SEC (Securities Exchange Commission) sticking their nose in the big crypto lottery, what do you think will happen?
opcorn2
Guess we will see
You get Big Brother Government SEC (Securities Exchange Commission) sticking their nose in the big crypto lottery, what do you think will happen?
opcorn2
You get Big Brother Government SEC (Securities Exchange Commission) sticking their nose in the big crypto lottery, what do you think will happen?
They're saying that you can't sell securities in the US without registering and going through a process with the sec. they said that this one coin may have been a security based on facts and circumstances. But they're not saying that all coins are securities.
They basically stated what most thought would be their position.
This is exactly the opposite of a dagger.
Regulation normally helps buyers , but the basis of all these rules are 75+ years old and I don't even think that there could be a method to regulate. It does add a premium to the coins that are already out there as ICOs in the near term will have to pay attention to some sort of best practices (which most already do).
- Feb 26, 2001
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Let's dust of the Act of 1940. Throw a couple interns at a write up and say we aren't going to go after anyone involved in the DAO ico from days long gone...
And yes, it only legitimizes BTC is here to stay...
And yes, it only legitimizes BTC is here to stay...
