With markets going crypto-crazy, SEC chairman weighs in


Given the crazy run cryptocurrencies like bitcoin, ether and litecoin have been on in the last week, it was only a matter of time before the Securities and Exchange Commission weighed in. Well, now it has in the form of an open letter from SEC Chairman Jay Clayton.

TLDR on the open letter: if it sounds too good to be true, it probably is. Surprisingly level approach towards ICO's from the SEC, sample questions for investors makes me suspect that the market can expect to see a set framework in the near future for evaluating ICOs. 


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