SEC Chairman Jay Clayton said before the US Senate today that “I believe every ICO I’ve seen is a security.” He elaborated on the differences between digital currency and ICOs, saying “I want to go back to separating cryptocurrencies and ICOs.” Given the overall positive response to cryptocurrencies, Clayton’s ICO commentary stands in stark contrast. ICO promoters should perhaps beware.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Alex Dovbnya
Dan Burgin
Vladislav Sopov