In late July, the U.S. Securities and Exchange Commission SEC announced that virtual tokens, such as those sold by the decentralized autonomous organization DAO, are securities and therefore now subject to federal securities laws. While the SEC announcement recognized that not all blockchain-based tokens are necessarily securities Ether is not a security, while the DAO tokens are the announcement should be taken seriously by companies seeking to launch an initial coin offering ICO under U.S
n n n n Hu Bing, a researcher at the Institute of Finance and Banking, says to the Chinese State TV that the governments ban on initial coin offerings ICOs is only temporaryn
n n n n Whether China actually bans ICOs and exchanges or not, this news may actually be doing everyone a favour as it is likely to be the last time you can buy Bitcoin as cheap.n
The alleged operator of BTC-e has spoken out in an interview in which he claimed he is innocent of charges brought by the U.S. government. Source: http://cryptscout.com/
