Cryptocurrencies

Most Tokens From ICOs Are Securities, Former CFTC Head Says

Ex-CFTC Chair Gensler Says Cryptocurrency Needs More Regulation Than Oil
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Gary Gensler, former chairman of the U.S. Commodity Futures Trading Commission, said that most cryptocurrencies sold through initial coin offerings should be considered securities.

A classification by the U.S. Securities and Exchange Commission would subject the coins and exchanges offering them to greater scrutiny.