Blockchain Cos. Must Beware SEC Intervention Risks

Law360, New York (September 8, 2017, 12:33 PM EDT) -- The spot market for digital tokens, which was once a “Wild West” seemingly outside the scope of most federal regulations, is being integrated into the emerging federal and state regulatory regime. In a period of just over two weeks, the U.S. Securities and Exchange Commission suspended trading in company securities of three publicly traded blockchain-related businesses. Two of these companies have issued digital currencies in the past or intend to do so in the future. The third such company intends to launch a digital currency exchange....
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