🚨 SEC Chairman's Significant Statement: Most Crypto ICO Tokens Are Not Securities
The Chairman of the U.S. SEC has clearly stated that many online tokens, digital collectibles, and digital tools related to crypto ICO projects do not fall under the category of securities regulation and may be regulated instead by the CFTC (Commodity Futures Trading Commission).
What does this mean?
• Regulatory responsibilities are clearer
• Compliance pressure is reduced for some projects
• Market uncertainty is lowered
For us retail investors, this is a positive signal. Clarification of regulations is beneficial for the healthy development of the industry and paves the way for more innovative projects.