That's How It's Done: Digital Currency Start-ups Continue Raising Funds in Cryptocurrencies Despite SEC Warning

in #crypto-news7 years ago

Technology companies looking to raise money by issuing digital coins are moving forward with their plans despite a U.S. regulator's decision that their offerings may be subject to tough securities laws.

Such initial coin offerings, or ICOs, have allowed startups to raise $1 billion so far this year, but until this week it was unclear how the U.S. Securities and Exchange Commission would treat the transactions.

Read more:Reuters

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