In a July 25 press release that sent shockwaves through the blockchain community, the U.S. Securities and Exchange Commission (SEC) announced that DAO Tokens, a Digital Asset, are considered securities for regulatory purposes, cautioning that US Securities law "may" apply to offers, sales, and trading of interests in virtual organization, targeting the increasingly popular Initial Coin Offerings...
Read more Here:
https://btcmanager.com/sec-throttles-ic ... ties-laws/
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