Former CFTC Chairman Gary Gensler: ICOs Should be Considered Securities

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Former CFTC Chairman Gary Gensler: ICOs Should be Considered Securities Former chairman of the U.S. Commodity Futures Trading Commission (CFTC), Gary Gensler said that most tokens sold through Initial Coin Offerings (ICOs) should be classified as securities, Bloomberg reported Oct. 15. Should cryptocurrencies be considered securities, they would fall under the regulatory purview of the U.S. Securities and Exchange Commission (SEC).…

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