Are Cryptocurrencies Securities?
7 Pages Posted: 12 Jul 2018
Date Written: June 19, 2018
This discussion paper considers the implications of declaring cryptocurrencies as securities, in light of the recent SEC ruling that Bitcoin and Ethereum are not securities but smaller, recent ICOs are. Its discussion suggests that, the policy implications notwithstanding, the SEC ruling is sensible and important in striking a balance in the cryptocurrency space between innovation and accountability.
Keywords: Bitcoin, Blockchain, Cryptocurrency, Ethereum, ICO, SEC, Accountability
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