First Stage Investor

SEC Chief: Bitcoin Not a Security

SEC Chief: Bitcoin Not a Security
By Adam Sharp
Date June 7, 2018
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For years, we’ve been thinking about how (and if) the Securities and Exchange Commission would regulate bitcoin. Yesterday, we almost got our answer when SEC Chairman Jay Clayton drew a line in the sand between bitcoin and initial coin offerings (ICOs). And it was mostly good news. “Cryptocurrencies – these…
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