Cryptocurrency US Regulatory Framework – A Draft Proposal

Bitcoin, Blockchain and the Law, Opinion, Regulation | September 6, 2018 By:

William Hinman, Director of the Division of Corporate Finance of the U.S. Securities and Exchange Commission (SEC), recently made comments foreshadowing the SEC’s inevitable treatment of cryptocurrencies, indicating that a certain degree of decentralization among a coin or token’s management and promoters could cause it to fall outside of the definition of a security. 

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