Earlier this month on November 16th, the US Securities and Exchange Commission (SEC) instructed two crypto startups — Airfox and Paragon Coin — to register their tokens as securities. The SEC argues that the two ICO’s had not registered their tokens as security offerings. As neither qualified for exemptions, they are therefore violating registration rules according to the SEC. By this action, the SEC wants to make it clear that all companies — ICO’s includedRead MoreThe post Is the ICO party over in the US? appeared first on Bitcoinist.com.
