SEC Cools a Red-Hot Crypto Market by Picking Up the Telephone


In the offerings, a company sells digital tokens that can eventually be redeemed for goods and services. The coins can be traded in a secondary market — which the SEC says make them securities and subject to its oversight. As a result, SEC officials say many ICOs should be registered with the agency.
SEC Cools a Red-Hot Crypto Market by Picking Up the Telephone

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