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Bitcoin, Regulation

Cartoon: Driving Sheep

Industry regulators are finally catching up with blockchain companies that have dubiously defined their tokens as “utilities” (therefore avoiding the strict issuing and management requirements of “securities”). The U.S. Securities and Exchange Commission has publicly brought a number of enforcement actions against over 20 such companies and individuals, which is encouraging the rest of the blockchain industry to step back into line.

Source : Bitcoin Magzine

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Founder and Editor-in-Chief of ‘Coinotizia’. Technology Evangelist, Security Analyst, Cryptocurrency Investor, Certified Cyber Security Expert and Web Applications Developer.