Fred Ehrsam news
Ethereum Price Shows No Fear in Light of SEC DAO, ICO Comments
The SEC warnings on DAO and ICO tokens have produced relief in the cryptocurrency industry, Ethereum (ETH) staying steady. As a report and accompanying press release, Tuesday stated that DAO tokens “were securities,” those hoping for clarity on the status of ICOs found that securities laws “may” apply to them. “As discussed in the Report, virtual coins or tokens may be securities and subject to the federal securities laws,” the SEC wrote in the release. The sheer number of ICOs and associated capital they have raised in recent months has led to speculation regulators would soon step in and disrupt …
Sec / July 26, 2017