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Showing posts from October, 2018

Report: SEC Expands Crackdown on ICOs, Regulatory Ambiguity Remains

The U.S. Securities and Exchange Commission (SEC) has extended its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects in danger, as per a recent joint investigation by Yahoo Finance and Decrypt Media reported on Oct. 10. The authors of the report focused that hundreds of crypto and blockchain startups that conducted token sales The U.S. Securities and Exchange Commission (SEC) has extended its crackdown on Initial Coin Offerings (ICOs), putting “hundreds” of projects in danger, as per a recent joint investigation by Yahoo Finance and Decrypt Media reported on Oct. 10. The authors of the report focused that hundreds of crypto and blockchain startups that conducted token sales have ultimately found that they had disrupted securities laws in-spite of their endeavors to comply with regulations. In reply to SEC pressure, thousands of firms have allegedly “quietly agreed” to repay investors’ money and pay fines, relatively than attempting to reach a legal