SEC and CFTC Give Testimonies at Senate Hearing on Virtual Currencies


… I have seen, initial coin offerings are securities offerings. They are interesting companies, much like stocks and bonds, under a new label.” He didn’t stop there, however, stating, “You can call it a coin, but if it functions as a security, it is a security.” Another cause of concern for Clayton on the ICO front:.
SEC and CFTC Give Testimonies at Senate Hearing on Virtual Currencies

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