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2019-07-18 01:31:02

SEC gives first approval for crypto token; where is crypto sphere headed?

The crypto market accomplished yet another milestone as multiple token offerings received qualification and approval from the U.S Securities and Exchange Commission (SEC). With this history was made since SEC gives first approval for crypto token. These offerings were also the first crypto token offerings to receive Regulation A+ certification from the SEC in its history. Since the Securities Act had been established back in 1933, it was made compulsory for a business be approved by an exemption in order to sell securities. However, under President Barack Obama, the SEC had to amend the Securities act to cover for the