Congress’s Biggest Bitcoin Bull is Finalizing Bill to Exempt ICOs from Securities Laws

Congress’s Biggest Bitcoin Bull is Finalizing Bill to Exempt ICOs from Securities Laws


Republican Congressman Warren Davidson, an avowed bitcoin adn blockchain fan, plans to introduce federal legislation that will regulate initial coin offerings (ICO) and cryptocurrencies. The bill would create an “asset class” for tokens, which would prevent them from “being classified as securities, but would also allow the federal government to regulate initial coin offerings more

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Posted by Samantha Chang on December 6, 2018 @ https://www.ccn.com/congresss-biggest-bitcoin-bull-is-finalizing-bill-to-exempt-icos-from-securities-laws/

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