Oh Dear, looks like the SEC has got a bee in its bonnet over cryptocurrency and Bitcoin again! 🏦😡
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So The SEC is publishing new laws and rules along with the The Financial Action Task Force (FATF) with regards to AML-5 and basically regulating Cryptocurrency and cryptocurrency regulation.
Now Regulation in cryptocurrency and bitcoin is something we have never had and in this video i explain the difference as to what constitutes a security in the eyes of the law.
Utility tokens and ICOs are not securities by definition therefore they are exempt from SEC Regulation. The USA really needs to up its Crypto Game before china and the rest of the world leave it behind.
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