{"id":12533,"date":"2019-04-05T22:00:09","date_gmt":"2019-04-05T22:00:09","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=12533"},"modified":"2019-04-05T23:09:10","modified_gmt":"2019-04-05T23:09:10","slug":"news-sec-on-ico-tokens-theyre-probably-securities-vanbex-fraud-regulating-crypto-mining-crypto-for-care-homes","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2019\/04\/05\/news-sec-on-ico-tokens-theyre-probably-securities-vanbex-fraud-regulating-crypto-mining-crypto-for-care-homes\/","title":{"rendered":"News: SEC on ICO tokens (they’re probably securities), Vanbex fraud, regulating crypto mining, crypto for care homes"},"content":{"rendered":"

The SEC has finally released<\/a> its guidance on ICO tokens!<\/a> The summary is … the law applies, and these things are probably securities. Commentary by Stephen Palley.<\/a><\/p>\n

The crypto community has complained loudly about a “lack of certainty”<\/a> and of “clarity.”<\/a> This is utterly unsurprising, because they were going to whine at 110dB at anything that was less than the “clarity” and “certainty” to continue behaving like criminal incompetents \u2014 which was never going to happen.<\/p>\n

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Crypto community: So much uncertainty about SEC regs and ICOs–who knows how they'll be treated<\/p>\n

SEC: These ICOs all look like securities<\/p>\n

Crypto community: So. Much. Uncertainty.<\/p>\n

SEC: Securities laws apply<\/p>\n

Crypto community: Who knows what will happen. The world is mysterious.<\/p>\n

— Scott Wessman (@scottew) April 5, 2019<\/a><\/p><\/blockquote>\n