Yesterday news broke that the SEC has fined 2 companies that launched ICO's last year for failing to register as security tokens. Last week we found out that they fined Ether Delta exchange for a similar charge. It is said that the have over 100 more investigations into similar practices pending. The writing is on the wall. The days of skirting around the regulators, pretending to be a utility token just so you can raise millions of dollars without having to comply are over. But what does that mean for the other tokens out there? Especially the ones we hodl and love? In this video we discuss just that.
Related articles and videos:
SEC Charges Ether Delta: https://www.coindesk.com/sec-charges-etherdelta-founder-with-running-unregistered-securities-exchange
ICO Party is Over: https://www.coindesk.com/after-fridays-sec-actions-experts-say-ico-party-is-truly-over
Elastos: Lock in Ending: https://youtu.be/0dh8wG0I8VY
10 Reasons to Buy Elastos: https://youtu.be/ffE9O2GghY8
9 Reasons to Buy Neo: https://youtu.be/OR2WhgIaoto
Big Switcheo Updates: https://youtu.be/eEd9r9tNP9U
This video is my own opinion, not financial advice. I am not a financial advisor and I am not responsible for your investments.
#Crypto #Cryptocurrency #Bitcoin #SEC #Cryptoregulations #CryptoExchanges #CryptoSecurities #Bitcoin #Ethereum #Elastos #Elastosupdates #elastosreview #fenghan #neo #neosmarteconomy #neoupdates #dahongfei #switcheo #switcheonetwork