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SEC official: ‘Not all tokens can be defined as securities’

Rarely do we hear sanguine comments from the SEC in regards to cryptocurrencies, so to hear a commissioner say “I am wary of any blanket designation for all ICOs” as securities is something of a revelation.

Rarely do we hear sanguine comments from the SEC in regards to cryptocurrencies, so to hear a commissioner say “I am wary of any blanket designation for all ICOs” as securities is something of a revelation.