SEC Chairman: ICOs Tokens are Securities; Bitcoin is a Currency

SEC Chairman: ICOs Tokens are Securities; Bitcoin is a Currency

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April 28, 2018 by Alex Hall
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In a hearing before the US House Appropriations Committee on April 26th, SEC Chairman Jay Clayton stated that it is his understanding that the ICO market must be regulated as a securities market. Ever since last year’s ICO boom, there have been a litany of issues associated with allowing the altcoin market to run like