12.13.18
SEC Official Says Agency Developing Cryptocurrency Guidance
by: Patrick Temple-West
The SEC is developing guidance for cryptocurrencies that is likely to be published early next year, according to Jonathan Ingram, deputy chief counsel in the SEC's division of corporation finance. At an event at the District of Columbia Bar, Ingram said the guidance is intended to help the industry determine if a particular digital asset is a security. If it is deemed a security, then the guidance would detail what a business should do to comply with securities regulations.
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