It looks like ICOs, shorthand for initial coin offerings, are about to undergo a lot more scrutiny.
The SEC has concluded that the digital currencies will be regulated as securities, meaning unregistered offerings could be subject to criminal punishment. The decision was announced via a report on Tuesday.
This is a blow to many startups who had been using ICOs as an alternative way to raise… Read More
from iFeeltech IT News Mix4 https://techcrunch.com/2017/07/25/sec-regulators-are-coming-after-icos/?ncid=rss