Bitcoin and ethereum are not securities, but some initial coin offerings may be, SEC official says
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Bitcoin and ethereum are not securities, but some initial coin offerings may be, SEC official says

The SEC's point man on cryptocurrencies and initial coin offerings (ICOs) says that bitcoin and ether are not securities but that many, but not all, ICOs are securities and will come under the regulatory control of the SEC and relevant securities laws.
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Thu, Jun 14 20182:36 PM EDT