United States: SEC Chair Jay Clayton Urges Caution Regarding ICOs And Cryptocurrencies


SEC Chair Jay Clayton asserted that initial coin offerings (“ICOs”) are likely to involve the sale of assets that qualify as securities, and urged investors to proceed with caution when considering ICO or cryptocurrency-related investments. His formal statement is directed at investors and market …
United States: SEC Chair Jay Clayton Urges Caution Regarding ICOs And Cryptocurrencies

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