SEC’s Harsher Look Could Put Damper on ICO Activity

Under the increasingly harsher scrutiny of the Securities and Exchange Commission, some experts now say the initial coin offerings market could face a precipitous downturn.

They believe investors will be more cautious amid the SEC’s increased efforts to root out fraudulent activity. Blockchain entrepreneurs could also feel the impact, particularly as China and South Korea adopt a more stringent approach to the nascent industry.

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