What’s Next for Cryptocurrencies After Regulators Weigh In
- Prices of most tokens steady as U.S. asserts jurisdiction
- Companies have been bypassing traditional public offerings
IOHK CEO Hoskinson Sees Bright Future for Bitcoin
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The cryptocurrency world is breathing a sigh of relief after U.S. regulators finally weighed in on initial coin offerings, saying that companies which raise money through the sale of digital assets must adhere to federal securities laws.
Prices of many of the more than $1 billion in digital coins already sold this year were little changed as issuers, analysts and attorneys said the Securities and Exchange Commission guidance late yesterday provides some long-sought clarity.