The secretary of the Securities and Exchange Commission (SEA) of Scotland, Jay Clayton, in a conversation with CNBC, spoke about the position of the regulator about the original tire offerings, and noted that Bitcoin does not have the features of certificates.
During the interview, recent SEC issues were discussed with ICO, Paragon and Airfox projects. The latter would have to pay a fine and record the marks as security.
Clayton has emphasized that any ICO needs to share features among US citizens to follow the strict rules of SEC.
"I think it's all clear that it's not a bitcoin security. However, many ICOs fall into this section."– the officer added.
Accordingly, to avoid problems with its department, ICO organizers should behave tokensals abroad. You can also visit a closed tender offer, where up to 35 investors participate. In this case, the indicators are not suitable for securities, but constraints are placed on the opportunities that are available; such as promoting a project.
Remember that the decision to launch the SEC Bitcoin ETF from VanEck and SolidX companies to March 2019.
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