🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

SEC's Clayton: ICOs need to be regulated like securities offerings

Published 02/06/2018, 11:34 AM
© Reuters.  SEC's Clayton: ICOs need to be regulated like securities offerings
RIOT
-
GROW
-
BYON
-
LSAK
-
MGTI
-
IDEX
-
GGAMu
-
BITCF
-
SRAX
-
BTCS
-
XNET
-
MARA
-
BTC/USD
-
GBTC_OLD
-
LFIN
-
GAHC
-
BTSC
-
ARSC
-
USTC
-
  • Testifying before Congress, SEC Chair Jay Clayton draws a line between Bitcoin and ICOs. While neither the SEC nor the CFTC have jurisdiction over "true cryptocurrencies," says Clayton, ICOs should be regulated as the securities offerings they are.
  • CFTC Chairman J. Christopher Giancarlo is sounding a bit like a hodler, telling legislators, "It's important to remember that if there was no bitcoin, there would be no blockchain or distributed ledger technology."
  • More: "I'm no pie-in-the-sky dreamer, but the applications range from enormous potential in financial services ... down to the way charity dollars are spent."
  • Tumbling below $6K at one point this morning, Bitcoin at the moment is up 2.1% to $7,084.
  • Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, OTCPK:BTLLF SRAX, OTCPK:GAHC, OTC:ARSC, OTCPK:USTC, OTCPK:BLKCF, COINB, LFIN
  • Now read: Learning From Bitcoin's Collapse


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.