Capital Markets updates

USA

Contributed by Shearman & Sterling LLP
SEC issues statement on potentially unlawful online platforms for trading digital assets
  • USA
  • 10 April 2018

The Securities Exchange Commission (SEC) recently issued a statement warning investors of potential risks involving digital asset exchanges. The statement aims to protect investors trading digital assets through online platforms and serves as a warning shot to exchanges dealing in digital assets that may be securities. This is the first time that the SEC has directly targeted exchanges and trading platforms in the context of virtual currencies and initial coin offerings.


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