- A recently released letter from the Treasury Department shows initial coin offerings will have to worry about more government oversights.
- The agency might go after participants in the ICO market retroactively.
It looks like participants in the initial coin offering market will have to worry about more government oversight.
A letter recently released from the Department of the Treasury indicates folks who issue and invest in ICOs will have to follow certain rules aimed at fighting money laundering and terrorist financing, according to a Bloomberg News report.See the rest of the story at Business Insider
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See Also:
- Morgan Stanley is looking to staff up its stock-research unit with crypto talent
- The financial watchdog charged with regulating bitcoin futures just gave its employees the green light to trade crypto
- 3 crypto exchanges are planning to hire more than 1,000 staff — but it’s not going to be easy
