Which is not fair. There are controversial cases, but the ICO boom was rampant with predation, fraud and theft: Exactly the sort of issues you keep a regulator around to stamp out. Right now, though, the SEC is faced with a wide range of new concerns as technology enables new relationships between investors and markets, including crypto. A legitimate concern is their years-long hesitance to issue reliable guidance for well-meaning actors.
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Source: Cryptocurrency - investing.com
