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SEC Chair Suggests Most ICOs Operate Beyond Regulatory Oversight
SEC Chair Suggests Most ICOs Operate Beyond Regulatory Oversight
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BTCCSquare news:
SEC Chair Atkins has declared that the majority of Initial Coin Offerings (ICOs) do not qualify as traditional securities, placing them outside the jurisdiction of regulatory bodies like the SEC. This stance underscores the ongoing challenge of applying existing financial frameworks to the rapidly evolving cryptocurrency sector.
Investors face heightened risks as regulators acknowledge their limited capacity to monitor ICO activity. The statement reflects broader tensions between innovation in digital asset fundraising and the need for investor protections in an increasingly decentralized financial landscape.
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