SEC Chairs Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission SEC, was released on February 5, 2018. It comes ahead of the chairmans oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of Virtual Currencies The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission. Usually the written testimony closely mirrors the language we

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