During the Senate debate on the American Securities Commission (SEC) on February 6, 2018 orphan DIP President Jay Clayton that the initial bid exchange (ICO) is being treated with smart policies.
It’s hard for ICO
During the Senate debate (as previously mentioned Cointelegraph) Jay Clayton pointed out that every ICO chip DIP has seen so far is considered to be a value and explains that as a cryptographic asset released by society, the value increases with time, DIP, performance companies, it is considered that security “you can call it the currency, but if it works as a security, it’s protection.”Although most IFAs have no shares or stakes in their plans, they should be considered to avoid DIP rules, if the DIP is that chips that increase value based on performance Block Block Chain projects with tokens can be considered either ICO. as security. Clayton also issued a warning to ICO and symbolic publishers on the market and said the DIP intends to endorse the ICO ecosystem with more stringent constraints: “And knowledge for professionals in those markets involved in semantic gymnastics … fall directly into our apportionment of applications. ”
Jay Clayton, president of the US Securities and Exchange Commission
Real cryptocurrency
However, Clayton distinguishes between ICO tokens and large cryptic events such as Bitcoin and Ethereum. He called the names of ICO chips, while other places like “real cryptosured currencies” promised clever rules and practices for trade and investors dealing with these crypt valued. Clayton looked at the true cryptography as a public network Blockchain with native cryptoscripts that he got or produced the public. If the company distributed customer-caching cost control and chip value based on company performance, Clayton repeated that the token value is falling under the scheme by SECOND. TCRC President, J. Christopher Giancarlo, and Senator Mark Warner said cryptomones like Bitcoin Ethereum can not be separated from their Blockchain networks. As such, Blockchain does not exist without the source of cryptoscopes. “I do not think you can break the cryptotal block,” said Senator Warner, while President Giancarlo echoed a similar feeling. “It’s important to remember that if Bitcoin does not exist, there would be no blockage or distributed LED technology,” added President Giancarlo, a well-known term.
What can the market expect?
It is likely that ICO’s space and projects in this sector are having difficulty in reaching billionaires as a result of a regulatory conflict with the DIP. Blockchain projects can continue to conduct ICO operations outside of the United States. UU., But it is possible that the DIP can be referred to a project with investors in the United States. UU For many months, most investment funds around the world disconnected US investors from symbolic sales of the group due to the strict regulatory regime of the DIP. Many IFAs have already switched to the sale of private tokens, where tokens are distributed to the list of permitted customers. It is understandable that this trend will continue in the long run and that the sale of public tokens will no longer be available. The outlook is different from the global market for the crypto-currency. Stock markets and investors can expect to establish friendly settlements in the future. As proposed by President Giancarlo, a national licensing program and a unique regulatory framework can be implemented in the short term, similar to the system used by Japan.
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