In one of its first settlements between federal regulators and a Blockchain provider, the Securities and Exchange Commission (SEC) recently reached a $24 million settlement with Block.one over allegations that the company conducted an unregistered initial coin offering (ICO), which raised the equivalent of several billion dollars in digital assets in about a year.
The settlement shines a light on the question as to whether digital assets should be treated as securities, rather than currency.
Learn more about the nuances involved in this matter.
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