The Securities and Exchange Commission (SEC) has issued dozens of subpoenas and information requests to technology companies and advisers involved in the red-hot market for cryptocurrencies, according to the World Street Journal (WSJ)
According to people familiar with the matter, SEC is finding a way to re-structure ICO - Initial Coin Offering- as firmly as Initial Public Offering (IPO)
Moves made by SEC in the concept of high demand for bitcoin and other altcoins have led to the price growth. However, many investors are worried about the current strengthened regulations by the authorities, making Bitcoin plunge from the record peak 19,000 USD in the middle of December 2017.
NilecoinTeam.