Jonny Fry Posted
How to decide if an ICO issued a security or not
Is it any coincidence that almost the same day as the SEC’s press announcement about Block.One, a ‘posse’ of Crypto exchanges – Anchorage, Circle, Kraken, Bittrex, Greyscale, Genesis, Greyscale, DRW Cumberland and Coinbase launched an ICO rating service to help determine if an ICO is a security or not? They have set up a Crypto Rating Council (CRC) and intend to publish ratings on ICOs on a 1 to 5 scale - 1 signifying a ‘Utility token’ has few or no characteristics consistent with a traditional regulated security i.e. Bitcoin...
Is it any coincidence that almost the same day as the SEC’s press announcement about Block.One, a ‘posse’ of Crypto exchanges – Anchorage, Circle, Kraken, Bittrex, Greyscale, Genesis, Greyscale, DRW Cumberland and Coinbase launched an ICO rating service to help determine if an ICO is a security or not? They have set up a Crypto Rating Council (CRC) and intend to publish ratings on ICOs on a 1 to 5 scale - 1 signifying a ‘Utility token’ has few or no characteristics consistent with a traditional regulated security i.e. Bitcoin...