Bitcoin Forum

According to CNBC. "The Securities and Exchange Commission (SEC) Chairman Says ICOs Should Be Regulated As Securities..."

Read more: https://www.xmlgold.eu/en/news/article/689/SEC-regulations-securities-cryptocurrencies/ (https://www.xmlgold.eu/en/news/article/689/SEC-regulations-securities-cryptocurrencies/)

Well i hope this put the minds of investors at ease. This will help eliminate the fraudulent and often illegal ICOs in the market. I hope also that this eliminates the option of using crypto currency as a means to launder money, because it just gives cryptos a bad name in the general public. I just hope thisnis not some underhanded way to rip us all off.

I'm sure it is not another way of making things difficult for investors  and developers. The only time their efforts will be appreciated is when they have fine a way of eliminating  scam ICO.

It varies from country to country, I should say. Some might consider it as legal tender while other country might accept it as a currency, security, a different asset class or an investment--it really depends. This is what makes bitcoin great and bad at the same time, its flexibility makes it a nice asset to hold while on the other hand it confuses the average people on what really their bitcoins are, though I think that as long as it has value, it can exist as anything the government wants it to be, so in the end it's still fine.

The issue is that regulating all ICOs under the same category of securities isn't valid. I do feel more so that eventually there will need to be new regulation for cryptocurrencies and ICOs instead of regulating them in the same way as securities. Also there needs to be a global approach to regulation like there is with securities.

Yeah that would be very beneficial for the ICO investors as well as bounty hunters too. This way it will bring us more legit projects and we can also invest with full confidence at anytime. As legitimacy will be confirmed by the regulatory bodies itself then it will become far easier for us to ignore that step and jump into it straight with whatever money we want to invest. There is simple fact here, crypto projects if regulated then the general public who is not in the crypto currencies yet will also get more benefits from it and they will be true investors as well. I think it will bring more good to us.

This is 100% sure that all the crypto currencies will be regulated, though it sounds not so good but the transaction fee will increase with the regulation of bitcoin but this will going to be very much beneficial. As we all know that bitcoin and other other crypto currencies are in controversy because of increasing illegal activities like selling drugs, explosives, money laundering etc with the crypto and this major issue will be solved by its regulations and I think this is more important than transactions fee.

New projects will have new opportunities for the community. In particular they have the features that users expect. Hopefully it will be useful for society. Ico projects can also be used as securities. If they want and it does not affect much to investors.

The electronic money market or the blockchain technology era in general. Everything is new, there are many things to be adjusted, to meet the reality. And the founders take new measures over time and need the solutions in the market. To keep the market out of chaos, many new projects are springing up and are unlikely to last long. Should review to avoid the above difficulties.