SEC Chairman Comments on Investing in Cryptocurrencies

Those who are investing in Bitcoin and other cryptocurrencies need to carefully watch regulatory actions and, often, should pay close attention to opinions shared by regulators that could provide hints as to the future of the cryptocurrency market. A cryptocurrency lawyer can provide more insight into changes in the law and the shifting legal landscape when it comes to investing in virtual currencies. Recently, the chairman of the Securities and Exchange Commission spoke about cryptocurrencies and about the approach that the SEC will be taking towards virtual currencies.  The Chairman signaled the SEC’s intentions with regards to both regulation of trading cryptocurrencies as well as initial coin offerings (ICOs). SEC States Its Position on Cryptocurrencies Some cryptocurrency companies have argued that the SEC is not properly classifying cryptocurrencies, claiming that these virtual currencies should be treated differently than other assets as a result of their…

Read more detail on Recent Banking and Finance Law posts –

This entry was posted in Banking and Finance law and tagged , , , . Bookmark the permalink.

Leave a Reply