jay clayton

At the Town Hall Meeting held in Atlanta, SEC Chairman delivered a speech in which he pointed out that ICOs should be considered as securites, that need regulation.

According to Coinbase, once the firm gets the regulatory license, it would soon expand its operations listing more digital tokens to its offerings.

Any currency used as an investment in the venture affecting the value of the token will be categorized as securities as per the SEC jurisdiction.

The heads of both the institutions sounded much positive on the Blockchain technology and talked about the need of regulatory approach while dealing with cryptos.