With the united states Securities and Exchange Commission (“SEC”), it is clear: bitcoin (BTC) is a no-effect level (security in the Americas, ed.). That will allow the financial watchdog to know the answer to the registration of a company. BTC is now in America, it impossible under the same denominator of which will fall as with other effects, the answer.
Contents
Bitcoin
Cipher Technologies is a Bitcoin Fund, it was a request from the SEC to include a specific definition of a fall. We need bitcoin, however, the effect of which is to be recorded. And it isn’t.
As the SEC explains in detail why this is the case. People with bitcoin in their portfolio, does not depend on the activities of organisations or individuals, in order to make a profit. Cipher wanted to use their fund to invest heavily in bitcoin, but it is reversed.
Problems
When a bitcoin is, however, the effect of which would be to be seen, it creates a multitude of problems. According to the SEC, would have bitcoin as a giant and public security offering is to be seen, but in a non-registered. And that kind of stuff now banned…
In other words: with such a measure, they would be bitcoin’s crime in the press.
In addition, the company has, with their application to other problems in the world. The Us watchdog, don Cipher, among other things, the lack of guarantees for the safety and security of the investors, specifically in the area of the holding of the bitcoin.
In addition, the bitcoinmarkt is still very volatile and the industry is little regulated.
Add to this that the united states is a rather conservative attitude holds in the area of bitcoin and other cryptomunten, and you’ll have as an entrepreneur, it is quickly told. Next, a request may have more luck.
SEC
Earlier this week, it became clear that the SEC is back at the various parties behind the initial coin offering (ICO) had to go. The parties behind the ICON of EOS, and the Other got a penalty.
In the lag, which amount is in the hundreds of thousands, on the other, is going to be in the tens of millions. The SEC seems to be mainly ERC20-tokens on Ethereum in the picture too.
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