SEC chairman Jay Clayton urges investors to exercise ‘extreme caution’ around ICOs

December 11, 2017
19 Views



America’s chief financial regulator is warning investors against cryptocurrency scams. SEC chairman Jay Clayton released an official statement today urging caution on cryptocurrency and initial coin offerings. “If an opportunity sounds too good to be true,” the statement reads, “or if you are pressured to act quickly, please exercise extreme caution.” Clayton also cautioned that no ICO has been registered with the SEC and that any trading of cryptocurrencies should be done with a considerable amount of care.

Clayton’s comments come as bitcoin is rapidly gaining value, attracting attention from more traders hoping to cash in. On November 29th, bitcoin passed $10,000 in value, a more than 933 percent surge from the beginning of the year….

Continue reading…



Source link

You may be interested

Melania Trump could be dressed by Michelle Obama favourite after fashion world shunned her
Fashion
shares6 views
Fashion
shares6 views

Melania Trump could be dressed by Michelle Obama favourite after fashion world shunned her

admin - Jan 15, 2018

[ad_1] MELANIA TRUMP, the wife of Donald Trump, could be dressed by a favourite of Michelle Obama’s after she was…

Pound euro exchange update: Sterling will ROCKET this year as Brexit uncertainty clears
Business
shares7 views
Business
shares7 views

Pound euro exchange update: Sterling will ROCKET this year as Brexit uncertainty clears

admin - Jan 15, 2018

[ad_1] THE POUND could soar this year as uncertainty around Britain’s exit from the European Union dissipates as negotiations continue.…

BRITs nominations 2018 FULL LIST: Dua Lipa breaks records with FIVE awards nods
Music
shares8 views
Music
shares8 views

BRITs nominations 2018 FULL LIST: Dua Lipa breaks records with FIVE awards nods

admin - Jan 15, 2018

[ad_1] BRIT AWARDS nominations have been revealed for 2018 - and you can see the list right here. [ad_2] Source…

Leave a Comment