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2018-10-17 15:00:35

ICOs Considered as Securities May Come Under Greater CFTC Scrutiny

The former chairman of the U.S. Commodity Futures Trading Commission (CFTC) has said that most tokens from initial coin offerings (ICOs) are securities. Howey Test Gary Gensler was speaking during the Institutional Crypto: Laying the Foundation conference in New York when he made his comments, reports Bloomberg. In order to determine whether an asset is a security,...The post ICOs Considered as Securities May Come Under Greater CFTC Scrutiny appeared first on Live Bitcoin News.