SEC Takes ICOs & Securities Stance, Gives More Initial Coin Offering Legal Guidance

The SEC has taken a stance on ICOs. According to William Hinman, the Director of the Division of Corporation and Finance at the SEC, Ether is not a security and accordingly, it is not subject to United States securities law. In Hinman’s own words, “[P]utting aside the fundraising that accompanied the creation of Ether, based … Continue reading SEC Takes ICOs & Securities Stance, Gives More Initial Coin Offering Legal Guidance