John McAfee does not agree with the SEC
We would like to continue acquainting you with the world of cryptonews. And today we offer you to express your own point of view: do you agree or disagree with the opinion of McAfee?
Crypto-enthusiast and creator of the McAfee Secutiry anti-virus program John McAfee categorically disagreed with the fact that the US securities and exchange Commission (SEC) decided to consider almost all tokens that are issued with the help of ICO as securities. The head of Department Jay Clayton, moreover, said that all the current crypto-currencies, except for Bitcoin and Ethereum, are securities.
This decision prevents the development of the crypto-currency market, as crypto-coins then lose part of the current freedom and their creators will have to comply with fairly strict requirements that are applied to issuers of securities. In case, in reality, there is no single command for cryptocurrencies, that is, it is decentralized, the question arises: who will fulfill the requirements of the SEC?
Another US Agency — the Commodity Futures Trading Commission (CFTC) - believes that in this case we are not dealing with securities.
Understanding these differences between the SEC and the CFTC, McAfee intends to defend his point of view up to the end, being sure that the SEC is wrong.
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