Published on June 12th, 2018 | by bitcoin0
How cryptocurrencies can’t be protected
SEC Chairman, Jay Clayton recently clarified how cryptocurrencies are seen by the agency, clearly differentiating between cryptocurrencies that can be regulated those that can’t.
There’s been a lot of debate of recent about how cryptocurrencies would be regulated.
This means Bitcoin and other cryptocurrencies, coins or tokens, which didn’t have an ICO cannot be regulated.
Ethereum, on the other hand, had an ICO and from his detailed explanation falls under being a coin that could be regulated.
This seems to be good news for Bitcoin, and for those who are interested in investing in the virtual currency.