Wednesday 9 May 2018
Ever since cryptocurrency began to dominate headlines in 2017, it’s been primarily viewed with a kind of “Wild West” outlook. A lack of clear regulatory standards, as well as the potential for significant gains (or massive losses), has emboldened many while causing others to shy away from cryptocurrencies altogether. Recent events have resulted in even greater concern, with the SEC and CFTC scheduled to meet to discuss whether major ICOs such as Ethereum and Ripple should be designated as securities, rather than commodities. While some are doubtful that the SEC will use the Howey Test to enforce stricter regulations, others…
This story continues at The Next Web
