SEC: Some ICO May Get ‘No-Action’ Relief

U.S. Securities and Exchange Commission has announced that some startups which issued initial coin offerings (ICO) few years ago may get relief from potential enforcement actions. It is also notable that TurnKey Jets, which secured a no-action letter earlier this year. William Hinman, SEC Director of Corporation Finance said, “Digital assets may evolve into an instrument that no longer needs to be regulated as such,”

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