Forms from Securities and Exchange Commission (SEC):

The US Securities and Exchange Commission proactively promotes the establishment of a globally competitive Philippine capital market, effectively monitors and monitors its operations, and disseminates reliable information to protect investors .

The US Securities and Exchange Commission (SEC) recently held a hearing on encryption currency. The US Securities and Exchange Commission was formed after the stock market crashed in 1929 to protect investors and it is difficult to regulate the use of digital currency. Repetitive topics are the legality of ICO, the original coin product. The group focused on whether the ICO is legally managing crowdfunding. In December, the US Securities and Exchange Commission was closed by Munchee, Inc. I created a food review ICO. What attracted the attention of the US Securities and Exchange Commission? The ICO will be submitted as a utility token but will be sold as a security investment. The review application initially raised $ 15 million in utility token sales. After SEC ordered stop, Munchee, Inc. returns all pennies to investors

In the ICO World Security token, it usually means selling the stock of the company in the form of a token. This practice is currently regulated by the US Securities and Exchange Commission (SEC), and certain actions such as high profits and profits on advertisements are suspected and may be audited by the US Commercial Code. For example, one of the reasons for investigating ICO Munchee is that the Securities and Exchange Commission emphasizes the use of advertisements. For example, "You earn $ 94,000 with an investment of $ 1,000." »Although the company sells only services, not real stocks, ICOs are regarded as issuing securities.

Slowly, surely, KYC has shifted from optional protection measures to procedures necessary for ICO investment. They are beginning to be enforced by the Securities and Exchange Commission (SEC) and various cryptographic currency services - for just good reason. After all, KYC has submitted to the ICO the world-recognized "legality mark". Otherwise it will not.