Crypto Regulation is coming

Updated

One lawsuit recognizing that one of the crypto projects is an unregistered security is enough. And all those projects who did Token Sales - ICO, IDO, IEO and other, did fundraising and sold tokens to funds, did airdrops, token burning - this is all a big problem for crypto projects by the SEC(The United States Securities and Exchange Commission)
Bitcoin and all bitcoin forks are commodities.
is a commodity
And all the other projects DYOR doing their own research.

Regulation is coming

Best Regards EXCAVO

Note

Note

SEC Names Crypto Assets It Considers Securities 🧐

Applying the criteria of the "Howie test" to the cryptocurrency market, the SEC concluded that 37 tokens meet the definition of securities. This means that one must comply with securities laws when interacting with them.

Securities tokens:

XRP
Telegram Gram Token
LBRY Credits
Decentraland 🤦‍♂️
DASH
Power Ledger
OmiseGo
Algorand 🤦‍♂️
Naga
TokenCard
IHT Real Estate
Kik / Kin
Salt Lending
Beaxy Token
DragonChain
Tron
BitTorrent
Terra USD 😂
Luna 😂
Mirror Protocol mAssets
Mirror Protocol
Mango
Ducat
Locke
EthereumMax
Hydro
BitConnect 😂😂😂
Meta 1 Coin
Rally
DerivaDAO
XYO Network
Rari
Liechtenstein Cryptoasset Exchange
DFX Finance
Kromatica
FlexaCoin
Filecoin 🤷‍♂️

The prospects for these projects: at least fines, at most - delisting from major exchanges, the courts, the return of money to investors + penalties.

EXCAVO

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