Thinking Crypto
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Notes Released Early for Crypto Senate Meeting Tomorrow - Minimal U.S. Regulations - 2018 Moon!
Posted
February 5, 2018
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6:39Now PlayingTomorrow there is a meeting of the U.S. senate banking committee on the regulation of cryptocurrencies within the United States. They are going to discuss what the SEC’s and CFTC’s role will be in overseeing the crypto and virtual currencies as they currently oversee the securities industry, stock market etc.
The notes were posted today which show relaxed regulations for the cryptocurrency market! Huge win!
Summary of the notes:
ICO's need to be closely monitored so so investors don’t get scammed, but cryptocurrencies are spurring technological growth and innovation and must be protected. In short, it's good news and no crazy regulations!
“When investors are offered and sold securities – which to date ICOs have largely been –they are entitled to the benefits of state and federal securities laws and sellers and other market participants must follow these laws. “ - This means protection for investors which means we are going mainstream!
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Disclaimer - Thinking Crypto and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.
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